Over the next decade, when baby boomers finally start to age into senior housing en masse, they’ll bring with them a host of new needs and desires—and if senior living providers don’t take heed, they’re at risk of becoming obsolete. That’s because, unlike some of their Read More »
Private Buyers Drove $2.6 Billion Deal Volume in First Quarter
Senior housing and care transaction dollar volume totaled $2.6 billion in the first quarter of 2018—and deals from private buyers made up half of that total, according to a new blog post by Bill Kauffman, senior principal at the National Investment Center for Seniors Housing Read More »
Assisted Living Occupancy Drops to Record Low 85.7%
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 Read More »
Senior Living Industry Making ‘Huge Mistake’ By Selling Care
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, Read More »
Top 5 Markets for CCRC Construction
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 Read More »
Tight Labor Market Threatens Senior Living Employee Retention
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 Read More »
Chinese Investors Still Have Intense Appetite for U.S. Senior Housing
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 Read More »
Experts Reveal the Art of Pricing Senior Housing Properties
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 Read More »
How Brandywine Living Forged a Successful Home Health Partnership
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 Read More »
Here’s Where Senior Housing Rent is Growing Fastest
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 Read More »
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