Skilled nursing occupancy rebounded in the third quarter from historic lows—but the bounce may be short-lived, according to the latest Skilled Nursing Data Report from the National Investment Center for Seniors Housing & Care (NIC). The report, released Thursday, is based on data from just under 1,500 skilled nursing properties in 47 states, from October 2011 […]
NIC
As expected, the Federal Reserve updated its policy to effectively raise short-term interest rates Tuesday, and said it will impose as many as three rate hikes in 2017. Senior housing real estate investment trusts (REITs) saw swift losses, despite the decision coming as no surprise. Fortunately, the impact of the announcement is unlikely to negatively impact […]
As the snow started to fall here in Chicago, we kept readers toasty with the latest industry news, including insight from some of the largest financial players in the industry on what 2017 will bring, as well as how the incoming Trump administration could slow overbuilding. Here in the newsroom, we called out the elephant in […]
The highly anticipated start to 2017 is almost here and with a new Presidential administration stepping in, all industries are bound to be impacted, including senior housing. In the new year, many changes are expected to take hold in the industry, specifically around pricing, transaction volume and financing, according to experts who spoke on a Senior Housing News […]
Long-standing fears of oversupply are coming to a head for some of the nation’s largest senior living providers, raising questions about which markets and types of properties are most affected. Those impacted by new competitors are facing occupancy and pricing pressures, with some senior living providers discounting their rates in an effort to keep occupancy […]
Senior housing has really been able to stand on its own two feet as a significant real estate class as of late, with more investors from outside the industry hopping on board. Seniors housing was the most attractive asset class for the second year in a row when compared to other commercial real estate sectors, […]
Senior housing transaction volume continued to slow down in the third quarter of this year, following a sharp dip in the second quarter, according to recent data from the National Investment Center for Seniors Housing & Care (NIC). Decreased activity among the majority of public real estate investment trusts (REITs) partly explains the downtrend, though less […]
Less than a year after assuming the role of president and chief operating officer at memory care giant Silverado, Shamim Wu has left the company. Wu and Silverado Chairman and CEO Loren Shook mutually agreed upon the separation last week. “Over the last eight months it became evident that this was not a good culture […]
Those worried that independent living might be facing a problem in the form of many vacant units can breathe a sigh of relief, at least for the moment. During the third quarter of 2016, the absorption rate for independent living hit a historic high, according to the latest quarterly report from the National Investment Center […]
This week, Senior Housing News readers got a glimpse into senior living board rooms to hear what’s causing the industry both optimism and anxiety across the country. Readers were also clued into which U.S. states use assisted living the most, what’s on the mind of senior living marketing executives, and why the Centers for Medicare […]