Many of you are familiar with the Future Leaders Council (FLC), the prestigious volunteer board for emerging leaders in the seniors housing and care space. The FLC is one notable program designed to deliver on NIC’s mission of nurturing leaders. But did you know NIC is also a sponsor for the
National Emerging Leadership Summit (NELS)? As a member…
NIC MAP® Data Service clients attended a webinar in mid-July on the key seniors housing data trends during the second quarter of 2018. Key takeaways included the following:
Takeaway #1: Seniors housing occupancy fell to 87.9%
The all occupancy rate for seniors housing, which includes properties still in lease up was 87.9% in the second quarter, down 40 basis points…
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First-quarter investment return data for the NCREIF-reported seniors housing properties equaled 2.14%, composed of a 0.79% capital return and a 1.36% income return. The annual total return through the first quarter of 2018 was 12.79%, overshadowing the NCREIF Property Index (NPI) result of 7.12% and the apartment result of 6.38%. However, at 13.53% industrial total returns outpaced seniors housing.
Despite…
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The Labor Department reported that there were 213,000 jobs created in the U.S. economy in June, above the consensus expectation of 195,000. This followed an upwardly revised gain of 244,000 jobs in May (originally reported as 233,000) and an upwardly revised gain of 175,000 in April (originally reported as 159,000). The two-month revision was a positive 37,000 new jobs. After…
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Tech expert Vivek Wadhwa to speak at 2018 NIC Fall Conference
Global tech entrepreneur, author, academic and advocate,
Vivek Wadhwa, will be the 2018 NIC Fall Conference luncheon speaker. Wadhwa will focus on the practical solutions that new technological advances will make possible in the near future. The concept of robots disrupting seniors housing and care, or artificial…
