Senior housing is again considered one of the best bets for real estate investment and development for the year ahead. That’s according to the 40th annual Emerging Trends in Real Estate report from PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI). Investors identified senior housing as the top prospect for both investment and development of […]
Nationwide, senior housing occupancy has reached its lowest level in over eight years. Occupancy at U.S. seniors housing communities averaged 87.9% in the second quarter of 2018, dropping 0.4 percentage points from the first quarter of 2018 and 0.8 percentage points from the same time last year, according to newly published data from the National Investment Center […]
Occupancy in the senior housing industry has hit a six-year low, and assisted living occupancy has hit an all time-low, according to new data from the National Investment Center for Seniors Housing & Care (NIC). Specifically, senior housing occupancy averaged 88.3% for the first quarter of 2018, which is down 0.5 percentage points from the […]
The debate around whether senior housing is primarily a health care or hospitality industry has long raged among operators, owners and marketers—and now, one well-known industry figure says far too many companies have emphasized senior living’s health care component over its hospitality side. In fact, in the eyes of the consumer, senior living has “become […]
More than 33% of continuing care retirement community (CCRC) construction in the fourth quarter of 2017 took place in just five U.S. markets, according to data publicly released Thursday by the National Investment Center for Seniors Housing & Care (NIC). Specifically, the markets with the highest number of CCRC units under construction during the quarter were: […]
Though the stars appear to be aligning for long-term success in the senior housing industry, near-term headwinds continue to present challenges in employee hiring and retention. “The combination of a strong economy and consumer confidence and a pretty good stock market and home prices that have appreciated—those are all theoretically factors that we think should […]
Going forward, Chinese investors may be a lot more active in U.S. seniors housing. That’s because there’s an “intense appetite” among Chinese capital providers for U.S. senior housing assets, John Stasinos, managing director-healthcare at private equity firm Cindat Capital Management, said last week at the National Investment Center for Seniors Housing & Care (NIC) Spring […]
Pricing senior housing properties is more of an art than a science—and today’s prospective buyers weigh different components in wide variety of ways. That’s according to a panel of experts who spoke Friday at the National Investment Center for Seniors Housing & Care (NIC) Spring Investment Forum in Dallas. “There’s a wider disparity in the […]
For senior living operators, partnerships with outside health care organizations can hold tremendous value—but they must be approached carefully to actually work. New Jersey-based Brandywine Living, which operates 29 communities across six states, has learned this firsthand. Six of Brandywine’s communities have partnered with Bayada Home Health Care, which is also based in the Garden […]
Senior housing rent is growing the fastest in Charleston, South Carolina. That’s according to data presented Wednesday at the National Investment Center for Seniors Housing & Care (NIC) Spring Forum in Dallas, by Chief Economist Beth Mace and Senior Principal Lana Peck. Charleston recorded the highest seniors housing rent growth nationwide between the fourth quarter of […]
