Senior housing construction activity continued to decline in the third quarter of 2011, but occupancy rates continued to recover according to NIC MAP, a data analysis service of the National Investment Center for the Seniors Housing & Care Industry (NIC). The average occupancy rate for senior housing properties was 88.1% during the quarter, up 0.2% from […]
Category: Data
Senior Housing Properties Trust (NYSE:SNH) reported a 3rd quarter net income of $30 million, a nearly 7% increase from the previous year; however, net income per share was $0.20, down from the third quarter of 2010’s $0.22 per share. Part of last year’s net income for the period was attributable to the sale of four […]
Home improvement spending and activity is down and will continue to lag for the next several quarters, thanks to a sluggish economy and housing market, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies at Harvard University. “After pulling through the worst of […]
Seniors housing properties continue to be in demand, as assisted living facility prices rose dramatically in 2011, although skilled nursing prices fell somewhat, according to The SeniorCare Investor. The nationwide average prices per unit for assisted living facilities increased to $161,700 in the 12 months ended Sept. 30, 2011, representing a 57% increase over calendar […]
America’s nursing facilities have continued to improve in quality over the years, but quality measurement needs to shift to reflect the evolution of skilled nursing services, says a report from the Alliance for Quality Nursing Home Care and American Health Care Association (AHCA) that looked at data from the Centers for Medicare and Medicaid Services […]
Equity LifeStyle Properties, Inc. (NYSE:ELS) reported a net loss of $2.9 million for the third quarter ending on Sept. 30, 2011, which the company attributed to $32.5 million spent in acquisitions. This represents a net loss per diluted common share of $0.07, down from the previous year’s net income per diluted share of $0.37. Funds […]
Living longer comes with a hefty price tag, and more seniors are starting to realize that the greatest financial risk they’re facing is longevity, says the 2011 MetLife Retirement Income IQ survey. “Everyone knows they’re likely to live longer, but most don’t realize that can mean living past age 85 and they fail to calculate how […]
The seniors housing industry is proving itself to be a safe haven for investors, according to panelists during the the National Investment Center for the Seniors Housing and Care Industry (NIC) conference in Washington, DC. Despite a difficult political outlook, some believe there is still opportunity to be found in the struggling skilled nursing facility […]
The nursing home industry is shrinking even as the nation’s population ages, meaning 42 million seniors could end up without care by 2012, according to an infographic created by Assisted Living Today. While 10,000 baby boomers are reaching senior status each day, and will continue to do so for nearly 20 years, according to U.S. […]
While the markets in Europe might be on the brink of collapse, across the pond, senior housing is seeing investment continue to grow, primarily from Real Estate Investment Trusts (REITs). Data released last week at the National Investment Center for the Seniors Housing & Care Industry (NIC) annual event in Washington, DC, shows that $16.8 billion worth […]
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