The strong desire of many older adults to age in their own homes continues to threaten the senior housing industry. To begin to attract more of these seniors, the industry will have to become more innovative, according to Dan Hutson, chief strategy officer at HumanGood, a Pleasanton, California-based operator of affordable housing and senior living communities. “Technology is […]
National Investment Center for Seniors Housing and Care
Investing in the professional development of the immigrant senior care workforce and playing a role in their assimilation are two strategies senior living operators can implement in order to curtail the industry’s “alarming” labor shortage. That’s according two former political heavyweights who spoke Wednesday in a debate titled, “The Impact of the Trump Administration’s Policies on Economic […]
Senior housing deals took a dramatic dip during the second quarter of 2016 compared to the past few years, according to recent data from the National Investment Center for Seniors Housing & care (NIC). During the second quarter of 2016, only 76 deals closed, totaling $1.6 billion, including $1 billion in seniors housing and $600,000 […]
This week, the heat was turning up in our home base of Chicago, but we kept it cool by bringing our readers the latest in the senior housing industry. We reported the most recent data from the National Investment Centers for Seniors Housing & Care (NIC), which revealed some less-than-favorable statistics on occupancy during the […]
Trends, influenced by tailwinds and headwinds, blow strong and then can change course over short periods or over a span of many years. On an airplane, these tailwinds and headwinds create turbulence, causing temporary discomfort that typically passes with smoother air ahead. So even though a slight tailwind at the senior housing industry’s back is […]
Transaction volume within the senior housing sector is at an all-time high, and recently released research findings indicate that commercial real estate professionals don’t expect it to slow any time soon. At the end of the second quarter of 2015, approximately $17 billion in senior living transaction volume was recorded over the past 12 months throughout the United […]
Editor’s Note: Senior Housing News will be observing the Labor Day holiday Monday, September 7, but we will return to our normal posting schedule Tuesday, September 8. In the meantime, all of us here at SHN would like to wish our readers a safe and enjoyable Labor Day weekend! This week, SHN readers heard from guest contributor […]
Overall seniors housing occupancy declined in the first quarter of this year, but standing out from the stat is independent living, which boasted stable occupancy relative to the prior quarter, according to first quarter data released Thursday by the National Investment Center for Seniors Housing & Care (NIC). The average occupancy rate for seniors housing properties […]
Investors have for several years enjoyed historic low interest rates. But with recent statements from the Fed being interpreted to mean a rise in rates may finally be coming, it could be the end of an era. While it’s no question that interest rates have no where to go but up, an essential question remains: […]
The rate of construction for assisted living continues to climb, spurring industry members to discuss the possibility of oversupply in some areas. But data show the potential of oversupply is a risk in only select markets, according to data from National Investment Center for Seniors Housing and Care (NIC). The rate of construction for assisted living properties […]