This week, Senior Housing News readers discovered where and how providers can most effectively target their marketing to drive move-ins, courtesy of CWI Associates. Readers also learned about a rapid recovery center that feels more like a hotel than an institutional care facility, REITs’ oversupply concerns, and a pilot program that led to Brookdale Senior Living […]
NIC
The last year was marked by sky-high prices and low cap rates as reported by senior housing real estate investment trusts (REITs) in quarterly earnings calls, and now the numbers prove that perhaps they’ve been holding off on deals with reason. The average price for skilled nursing facilities soared to a new record of $85,900 per […]
Discussion around oversupply in senior housing is nothing new, including back and forth about the reality of the situation. There still is no clear consensus regarding oversupply concerns in the year ahead as health care real estate investment trusts (REITs) report their earnings for the fourth quarter of 2015. Chicago-based Ventas Inc. (NYSE: Ventas) set the stage for […]
In the senior housing industry, owners, operators and developers tend to target either the high end of the private pay spectrum or low-income subsidized options. However, very few have seized the opportunity to provide senior living for a middle income price point when the need for such a product is only going to grow. Specifically, […]
The seniors housing sector remains hot, and following robust transaction activity in 2015, investors are identifying and pursuing the asset classes they deem top opportunities in the current market. CBRE, Inc., the world’s largest commercial real estate services firm, today released its Investor Survey & Market Outlook for Seniors Housing & Care, revealing that 2015 […]
Several of the country’s largest health care real estate investment trusts (REITs) and major lenders have offered their support for a new initiative to track and report seniors housing actual rents, the National Investment Center for Seniors Housing & Care (NIC) announced Wednesday. The initiative makes NIC the first to collect and report such data, […]
While transaction volume dwindled among seniors housing and care asset classes during the last quarter of 2015, nursing care remained strong, solidifying its position as an emerging market sweetheart. Quarterly data from the National Investment Center for Seniors Housing & Care (NIC) revealed that skilled nursing was still a popular asset class during the last […]
Real estate investment trusts (REITs) and other prominent buyers are avidly on the hunt for senior housing assets, but other factors may constrain transaction volume in 2016. In particular, dealmaking may be slowed by a lack of top-tier operators to manage properties. “There’s almost an insatiable demand for seniors housing assets right now that are […]
Erickson Living is moving up the ranks of independent living providers, following a 2015 in which the company completed the construction of five new residential buildings and reduced hospital readmission rates for members of its integrated health plan. A Baltimore, Maryland-based developer and manager of continuing care retirement communities (CCRCs), Erickson Living on Wednesday revealed […]
An improving economy has resulted in a stronger senior housing industry and likely will drive demand in 2016, though as construction continues to ramp up, oversupply concerns in certain markets remain very real. That’s according to the latest data from the National Investment Center for Seniors Housing & Care (NIC). The fourth quarter of 2015 […]