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

CCRC/LPC 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 and historical time-series data for…
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Seniors Housing Annual Total Returns Continue to Outpace Other Commercial Real Estate

Returns Strong. Third-quarter investment return data for the NCREIF-reported seniors housing properties equaled 2.73%, composed of a 1.38% capital return and a 1.36% income return. The annual total return through the first quarter of 2017 was 12.72%, overshadowing the NCREIF Property Index (NPI) result of 6.89% and the apartment result of 6.22%. However, industrial total returns slightly outpaced seniors housing…
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Closed Volume in Third Quarter at $5 Billion, Institutional Buyers Represent Growing Share

Updated third quarter data shows seniors housing and care transactions volume in the third quarter of 2017 registered $5.0 billion. That includes $1.5 billion in seniors housing and $3.5 billion in nursing care. The total volume was up 129% from the prior quarter’s $2.2B and up 6% from the third quarter of 2016 when volume totaled $4.7 billion. This blog…
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2017 NIC Fall Conference Rewind

Thumbs up or down? Session audience votes on real life redevelopment projects Let’s say a business opportunity lands on your desk. Maybe it’s an older property that needs some updating but has a great location. Perhaps it’s a newer building with occupancy problems, or a property with any number of other challenges that seem fixable. What would you do? Would…
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Closed Transactions Volume Up Significantly in Q3, Pricing Range Bound

Closed transactions volume started off relatively strong in 2017 totaling $4.6 billion in the first quarter, but then experienced a significant decline in the second quarter to only $2.2 billion.  However, the third quarter of 2017 saw a vibrant uptick of dollar volume with a 113% increase from the second quarter. This blog provides a snapshot of recent activity, and…
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