NIC | CARES BLOG
A place for connections, analysis, research, and education on seniors housing and care

2017 Transaction Volume Down Slightly From 2016

The 2017 preliminary closed transactions data is in and it shows a slight decline in dollar volume compared to 2016. Seniors housing and care closed transaction volume in 2017 registered $14.1 billion, which included relatively weak second and fourth quarter transaction volume. The $14.1 billion includes $7.9 billion in seniors housing and $6.2 billion in […]

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Five Key Takeaways from NIC’s Fourth-Quarter 2017 Seniors Housing Data Release

NIC MAP® Data Service clients attended a webinar earlier this month on the key seniors housing data trends during the fourth quarter of 2017. Key takeaways included the following. Takeaway #1:  Seniors housing occupancy was unchanged at 88.8% The all occupancy rate for seniors housing, which includes properties still in lease up, was 88.8% in the […]

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U.S. economy created 148,000 jobs in December 2017

The Labor Department reported that there were 148,000 jobs created in the U.S. economy in December.   This was below the consensus expectation of 190,000 jobs.  This marked the 87th consecutive month of positive job gains for the U.S. economy.  Revisions subtracted 9,000 jobs to the prior two months.  For all of 2017, the economy generated […]

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NIH-Funded Study Raises Questions about Accuracy of Five-Star Quality Ratings

A recent study conducted with financial support from the National Institute for Health Care Management, part of the National Institutes of Health (NIH), and published in the journal Production and Operations Management found that California nursing homes may be artificially inflating their self-reported data to the Centers for Medicare and Medicaid (CMS) for the five-star […]

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Memory Care Market Trends: 3Q2017

As the seniors housing and care industry’s leading data provider, NIC tracks occupancy, rental rates, supply and construction data for independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRCs)/life plan communities (LPCs). Through the NIC MAP® client portal, subscribers have access to robust web-based tools and reports, including market-level summaries […]

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