Seniors housing isn’t quite like other commercial real estate investments. Returns and valuations can be significantly influenced by operational performance which makes acquisition and investment decisions complex. Professionals new to the industry can find underwriting a deal difficult and challenging. To help these newcomers get a leg up, NIC is hosting the 2019 NIC Seniors Housing Boot Camp: The Art of Assessing the Deal, on Wednesday, April 10 from 10 a.m. to 4:30 p.m. at the AC […]
Occupancy in Narrow Range Since April 2018 Managed Medicare Revenue Mix Now at 11% NIC released its fourth quarter 2018 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through December 2018. The report also includes the latest urban vs. rural comparative data points as well as revenue mix trends. Here are some key takeaways from the report: Occupancy […]
The NIC MAP® Data Service recently released national monthly data through December 2018 for actual rates and leasing velocity. The NIC Actual Rates initiative is driven by the need to continually increase transparency in the seniors housing sector and achieve greater parity to data that is available in other real estate asset classes. Having access to accurate data on the monthly rates a […]
One of the most talked-about sessions at the recent 2019 NIC Spring Conference was the “Boomer Hackathon,” in which three teams – and those in attendance – brainstormed innovations in seniors housing appropriate for incoming Baby Boomers. A standing-room-only crowd participated in the event, forming small groups to attack the same problem as three teams of experts, […]
The Labor Department reported that there were only 20,000 jobs added in February, well below the consensus expectation of 180,000. This marked the 101st consecutive month of job growth. While February was weak, January was very strong. The latest three-month average is 186,000, less than last year’s 223,000 monthly average but consistent with more modest […]
