Next year will bring pre-pandemic occupancy levels and potentially “gangbusters” levels of transactions for the senior living industry. Or at least, that is what recent trends in census gains and dealmaking say. Last week, the National Investment Center for Seniors Housing & Care (NIC) along with NIC MAP Vision released their latest quarterly occupancy report, […]
National Investment Center for Seniors Housing & Care
This article available as part of your SHN+ membership All signs point to 2024 being another banner year for the growth in the active adult sector, judging by recent news. Among the active adult-related headlines and storylines from the last few weeks, a few featured Greystar. Thanks to its sizable active adult portfolio, the company […]
Average senior living occupancy rose to 83.7% in the second quarter of 2023, marking the industry’s eighth straight quarter for census gains. That’s according to the latest occupancy report from the National Investment Center for Seniors Housing & Care and NIC Map Vision. But while the latest figures represent a sizable gain from the industry’s […]
Total investment returns for the senior living sector dipped to .59% in the third quarter of 2022, representing a drop from the 1.26% returns seen in 2Q22. Still, total returns were positive for the ninth consecutive quarter, a pace kept up since 2Q20 when returns turned negative on pandemic-related pressures. That’s according to a new […]
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 […]
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) […]
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