News & Press Releases

Brokaw, Linneman, Rivlin & McClellan to Headline 18th Annual NIC Conference

Press Room – 2008 NIC Press Releases

Brokaw, Linneman, Rivlin & McClellan to Headline 18th Annual NIC Conference

Event to Focus on ‘Opportunity Amid Economic Uncertainty’

FOR IMMEDIATE RELEASE: May 13, 2008
Contact: Renee Tilton, (410) 626-0805 or rtilton@crosbymarketing.com

Annapolis, Md. – Already recognized as the industry’s premier dealmaking event, the 18th Annual NIC Conference will have the added draw of four nationally respected individuals who will headline its plenary sessions: Tom Brokaw, Alice Rivlin, Ph.D., Peter Linneman, Ph.D. and Mark B. McClellan, Ph.D., as announced today by the National Investment Center for the Seniors Housing & Care Industry (NIC). The conference will take place on September 10-12, 2008, in Chicago, Ill., and annually attracts the top seniors housing and care providers, financiers and developers representing national, regional and community-based, and even international, portfolios.

This year’s conference theme is: “Opportunity Amid Economic Uncertainty: In This Market You Must Be Well-Informed.” To speak to this theme, Ms. Rivlin and Dr. Linneman will deliver the opening plenary address on Thursday morning, September 11.

One of the most influential policymakers in Washington, D.C., Ms. Rivlin was formerly the vice chair of the Federal Reserve Board and is a senior fellow in the Economic Studies Program at the Brookings Institution. She is renowned as a visionary thinker “with a keen eye on the changing state of the national economy, the health system and the state of U.S. cities.” During her address, she will talk about the global and U.S. economies as a whole and, specifically, the effects of inflation, the continuing impact of the subprime market fallout and arising macro economic trends. She will also relate current conditions to the presidential election and suggest what economic policies to expect depending on which candidate is elected into office.

Also speaking at the opening plenary is Dr. Linneman, who is back by popular demand. One of the nation’s leading strategic thinkers in real estate, Linneman challenged seniors housing and care leaders at last year’s conference to develop industry transparency or risk being ignored by real estate professionals. This year, he will expand on this issue by addressing questions such as: What does transparency mean to the seniors housing and care industry? Why is it important to tackle this issue now? What can be learned from other commercial real estate property types? Principal of Linneman Associates and professor of Real Estate, Finance and Public Policy at the Wharton School of Business, Linneman will also present the results of his recently completed analysis on industry transparency.

Later on Thursday, September 11, Mr. Brokaw will be the keynote speaker at the luncheon plenary address. One of the most iconic figures in television news’ history, he was anchor and managing editor of “NBC Nightly News with Tom Brokaw” for more than two decades, setting the standard for broadcast news. More recently, he wrote two best-selling books, The Greatest Generation and The Greatest Generation Speaks, which have been credited with renewing America’s pride in its own history and helping to bridge the generation gap.

“These books highlight the unique lives and awesome sacrifices of the men and women who lived in the Great Depression and fought in World War II,” said Kathryn A. Sweeney, managing director – US Senior Housing, The GPT Group, and NIC Board chair. “The majority of seniors residing in retirement communities today are representative of this generation. How appropriate to have Mr. Brokaw address us on the lives of those who affect NIC attendees each and every day. We are delighted to have him, as well as Ms. Rivlin, Dr. Linneman and Dr. McClellan, as keynote speakers this year.”

Finally, at a special afternoon plenary session that day, Dr. McClellan, director of the Engelberg Center for Healthcare Reform and senior fellow, Economic Studies at the Brookings Institution will address “The Future Funding of Long-Term Care.” Dr. McClellan has a highly distinguished record in public service and in academic research. He is the former administrator for the Centers for Medicare and Medicaid Services (2004-2006) and the former commissioner of the Food and Drug Administration (2002-2004). He also served as a member of the President’s Council of Economic Advisers and senior director for health care policy at the White House (2001–2002). During this session, he will address how he feels the November elections may impact long-term care funding and reform in the short term, as well as how the nation will deliver and pay for long-term care in the future in order to meet the coming challenge of the baby boom generation.

In addition to the keynote addresses, breakout sessions on financing topics and operating performance issues will be held on Thursday and Friday, September 11 and 12, 2008. Attendees will also have many opportunities to network and conduct business. Along with a dedicated Networking Lounge throughout the event, a reception will be held both evenings.

Attendance for the 18th Annual NIC Conference is limited to the first 1,600 registrants and space tends to fill up by early summer. Registration fees range from $1,000 (for operators with 1-10 properties) to $1,750. After July 23, 2008, a $200 late fee will apply (if space is still available).

Click here to register, or for more information, call (410) 267-0504.

About NIC

Founded in 1991, the National Investment Center for the Seniors Housing & Care Industry is a nonprofit education and research organization providing information about business strategy and capital formation for the senior living industry. NIC is the leading provider of historical and trend data on the industry through its Key Financial Indicators™ (KFIs) that report nationwide statistics and its Market Area Profiles (MAP™) Data and Analysis Service that tracks properties in the 100 largest metropolitan areas. Proceeds from its annual conference are used to fund research on issues of importance to seniors housing and care decision-makers. For more information, visit www.NIC.org or call (410) 267-0504.

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