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

October Jobless Rate Remains at Lowest Level Since 1969

The unemployment rate held steady at 3.7% in October, which is the lowest rate since December 1969. The jobless rate remains well below the rate of what is generally believed to be the “natural rate of unemployment” of 4.5%, which suggests that there will be building pressure on wage rate growth. Evidence is mounting that […]

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Seniors Housing Pricing Still Strong, Private Buyers Drive Activity

As challenges persist in both skilled nursing and seniors housing fundamentals, pricing trends have differed over the past couple years. We have seen a decrease in the price per bed in the skilled nursing sector.  But at the same time and even with today’s more challenging operating environment, seniors housing price per unit has been […]

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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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Q1 2017 Transactions Update: Portfolio Deals Drive Volume Gains

 Q1 2017 Transactions Update: Portfolio Deals Drive Volume Gains This blog is a follow-up to the preliminary transactions data from last month’s post.  Here is the latest data as of Q1 2017. Transaction Dollar Volume Increases Transactions volume for seniors housing and care registered $4.6 billion in Q1 2017. Seniors housing had a strong quarter, […]

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Institutional Buyers Drive Transaction Volume Increase

The preliminary data for seniors housing and care Q1 2017 transactions volume showed a significant uptick from the prior quarter. Volume totaled $4.4 billion in the first quarter. The increase in volume was mainly driven by the public REIT divestitures and the institutional players, namely Blackstone, stepping in to acquire properties. The first quarter of […]

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