Lisa McCracken is Head of Research and Analytics at The National Investment Center for Seniors Housing & Care (NIC), a 501(c)(3) organization, which works to enable access and choice by providing data, analytics, and connections that bring together investors and providers. Get to know McCracken on a personal level in this Hot Seat interview, where […]
The active adult senior housing sector is still hot with many large companies going all in on the product type. But despite the big opportunity it offers, the sector carries challenges that could make growth difficult for companies lacking scale, sophistication and long-term vision, according to Adam Cohan, senior director of portfolio management at Greystar […]
Senior living operators, owners and developers are still continuing to grow their active adult holdings in 2024 as demand for the product type stays relatively steady. Companies with sizable scope and scale, including Greystar and the middle-market-focused One Clover, are scaling up now with a belief that older adults will continue to flock to the […]
Harmony Senior Services has brought on former Brandywine Senior Living Chief Corporate Officer Ken Segarnick as the Charleston, South Carolina-based senior living operator’s top leader. According to Segarnick’s LinkedIn profile, he was hired as CEO in May of this year, having worked 21 years at Brandywine Senior Living from 2002 through 2023. During his time […]
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The senior living industry’s average occupancy rate ticked up again in the second quarter of the year, and is now approaching levels last seen in 2020. That’s according to the latest occupancy report from NIC MAP Vision. According to the report, released July 11, operators in the 31 primary markets that NIC MAP tracks reached […]
This article is part of your SHN+ subscription Financing for senior living acquisitions has been tight – and yet, the data says many deals are being made. A recent report from the National Investment Center for Seniors Housing & Care (NIC) was the latest evidence showing “inconsistent” financing for new deals, fueled by ongoing challenges […]
Lending for new senior living projects remained muted in the fourth quarter of 2023 as broader macroeconomic factors continued to dictate lending activity. Permanent financing for senior housing and nursing care has “remained inconsistent” across various lending categories, reflecting lingering challenges, including stricter lending standards, wider bid-ask spreads, and lower loan proceeds. Despite those challenges, […]
The industry has seen a low number of new construction starts in the last couple of years. While that has been a boon for short-term occupancy rates, long-term it could present a problem. In 2024, there are many old and aging senior living communities on the market that will need to be upgraded or taken […]
Many current active adult residents are seemingly satisfied with their living experience, and hold affordability among their top desires. That’s according to a new research report by the American Seniors Housing Association (ASHA) and ProMatura Group. The report, released Tuesday, is based on responses from 873 older adults currently living in rental active adult communities, […]
