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, in the eyes of the consumer, senior living has “become […]

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 number of CCRC units under construction during the quarter were: […]

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 have appreciated—those are all theoretically factors that we think should […]

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 National Investment Center for Seniors Housing & Care (NIC) Spring […]

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 Investment Forum in Dallas. “There’s a wider disparity in the […]

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 Home Health Care, which is also based in the Garden […]

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 seniors housing rent growth nationwide between the fourth quarter of […]

Senior Housing and Care Deals Totaled $16.6 Billion in 2017

Updated figures from the National Investment Center for Seniors Housing & Care (NIC) show 2017’s senior housing and care transaction dollar volume was a little more robust than initially reported, coming in at $16.6 billion rather than the initially reported $14.1 billion. With the revised numbers, 2017’s total volume was up 14.4% from the $14.5 billion logged […]

Movers & Shakers: NIC Bolsters Board of Directors

NIC Bolsters Board of Directors The National Investment Center for Seniors Housing & Care (NIC) has named David Nash and Mike McCurry to its board of directors, according to a press release. Nash is the dean of the Jefferson College of Population Health at Jefferson University in Philadelphia, while McCurry is the executive vice president […]