It’s no secret that the U.S. population of seniors living with dementia is expected to grow in the coming years and thus the demand for memory care (MC) services is expected to increase as well. As a result of anticipated demand, there has been notable growth in memory care units, especially between 2011 and 2016. This has occurred in freestanding…
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The Labor Department reported that there were 196,000 jobs added in March, above the consensus expectation of 177,000. This marked the 102nd consecutive month of job growth. The latest three-month average is 180,000, less than last year’s 223,000 monthly average but still strong and consistent with more modest growth anticipated for 2019.
January was revised up from 311,000 to 312,000…
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A conversation with human resources expert Valerie Armstrong on how to develop programs to match the needs of different generations.
In a tight labor market, the recruitment and retention of top-quality staff is a big priority.
The labor pool is not monolithic, however, according to Valerie Armstrong, a human resources expert who speaks at senior living forums. …
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NIC MAP® Seniors Housing Rate Tiers
Similar to the intent of “class categorizations” seen across other commercial real estate property types, NIC MAP® has recently developed a “rate tiers” approach to our seniors housing property database that is quantitative and objective, with a goal to further segment our data for our clients. Useful to investors, analysts and senior living operators…
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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…
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