The NIC MAP Data Service recently released national benchmark data through mid-year 2018 for actual rates and leasing velocity. Key takeaways include: Average initial rates at the time of resident move in were below average asking rates for both majority independent living and majority assisted living properties, with monthly spreads larger for majority assisted living […]
Seniors housing and care updated transactions figures show a total of $2.6 billion closed deals in the first quarter of 2018. That includes $1.7 billion of seniors housing, and $900 million in nursing care transactions. The total volume was down 5% from the previous quarter’s $2.7 billion, and down 45% from the first quarter of […]
Focused on the themes of collaboration, innovation, and how to navigate current market realities, the 2018 NIC Spring Investment Forum drew nearly 1,800 attendees to the Omni Dallas Hotel last week. The busy three-day meeting provided a wide variety of networking opportunities, several NIC-hosted receptions, and 17 educational sessions. In the media briefing on Wednesday, […]
The preliminary 2016 third-quarter data is in, and it shows that transaction volume continues to slow down in 2016. Public buyers, mainly the public REITs, have led the slowdown, as cost of capital increased, and the number of transactions that suit their strategies declined. But on the private side, buyers continued to stay relatively active in the third quarter.