Almost three-fourths of senior living residents in assisted living and memory care are living with behavioral health needs such as depression, anxiety and addiction. That was one eye-popping statistic from a study released last month by the National Investment Center for Seniors Housing & Care (NIC) and NORC at the University of Chicago. Independent living […]
National Investment Center for Seniors Housing & Care
Senior living operators across the country are preparing residents for some of the most aggressive rate increases in industry history, as providers stare down another year beset with higher costs and labor pressures. In the current environment, increasing resident rates often has little to no impact on recovering margin lost during the Covid-19 pandemic. Instead, […]
Last week, NIC released a report defining the active adult product type, answering a question hovering over the senior housing industry. NIC defined active adult as: age-restricted, market-rate, multifamily housing properties that are lifestyle-focused and do not provide meals through general operations. The report also included plenty of new information regarding the size and scope […]
For years, one big question has plagued the active adult senior living sector: What exactly is it? That question now has an answer thanks to a new and significant report from the National Investment Center for Seniors Housing and Care (NIC). The report from NIC MAP Vision, released on Thursday and years in the making, […]
Property and professional liability insurance premiums have steadily risen since the start of the Covid-19 pandemic, and a new survey shows that trend is seemingly continuing in 2022. About half of all respondents to the latest Executive Insights Survey from National Investment Center for Seniors Housing & Care (NIC) reported that property and liability insurance […]
Average senior living occupancy is steadily on the rise, and looking ahead, industry investors expect that trend will continue. Just over three-quarters of investors, 80%, believe that occupancy will rise by at least 2.5 percentage points in the coming 12 months, according to the most recent investor sentiment survey from Wealth Management Real Estate (WMRE) […]
The senior living industry is on track to be “crushed” by middle-market demand. Those are the words of Innovation Senior Living CEO Pilar Carvajal, who spoke with me for the Senior Housing News Transform podcast in May. “It’s actually an opportunity of a lifetime that I don’t know if our industry is going to be […]
Alarms are sounding that the U.S. will enter an economic recession in the foreseeable future, and many operators are preparing for a range of outcomes, from a bumpy landing to business as usual. Rising interest rates, slumping financial markets, and inflation are all causes for concern at a time when operators are already grappling with […]
New mini-perm and bridge loans for senior housing hit a record high of almost $1 billion in the fourth quarter of 2021, suggesting some lenders are for the time being more comfortable with doling out shorter-term, lower-risk loans. That’s according to newly published data from the National Investment Center for Seniors Housing & Care (NIC). […]
Capital is roaring into the senior living industry. Average occupancy has ticked up for the past three quarters. New construction is still relatively down from past years. Senior living developers might view these conditions as green lights for new projects. And to that end, construction is indeed starting to ramp back up in many markets […]
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