Following the economic downturn, the senior housing market has experienced a strong recovery on many fronts: investment from interested parties, some of whom have not yet before invested in the sector; and a construction boom that has led to new and improved communities. But investors and prognosticators have begun to ask the question: when does […]
NIC
As the senior housing industry continues to grow in sophistication, the technology that tracks it must also evolve to bring more transparency to the market. For more than two decades, the National Investment Center for Seniors Housing & Care (NIC) has been the go-to source for senior living operators, developers, investors and other industry stakeholders […]
National Investment Center for Seniors Housing & Care Appoints New President Brian Jurutka has been appointed as president of National Investment Center for Seniors Housing & Care (NIC), effective August 3, 2015. Jurutka joins NIC from comScore, Inc., a leader in digital analytics, where he served as senior vice president, Telecom, and GM for comScore’s wireless operator […]
Senior living developers and operators are preparing for a population boom that will drive demand for senior housing going forward. With baby boomers still years away from moving into senior living communities in large numbers, building trends today are still well ahead of that particular population curve. Yet, other age cohorts will lead to demand […]
Fears that the senior housing sector could be overbuilt might be all too true, newly released data suggests. New inventory hit a six-year high in the second quarter, but declining occupancy shows supply is outstripping demand. And this could be only the beginning, as more new developments are poised to come online. About 3,600 units were […]
Health care real estate investment trusts (REITs) have been the most active investors in senior housing properties of late, dishing out hundreds of millions of dollars to acquire massive portfolios. But the full force of their blockbuster potential may still be yet to come. Currently, health care REITs own about 12% of all the institutional […]
The first quarter of 2015 was marked by weak absorption and falling occupancy levels for senior housing properties, fueling the industry’s concern that some markets are overheating. Among those underperforming markets are Houston, Denver, Las Vegas and San Francisco, according to new data provided by the National Investment Center for Seniors Housing and Care (NIC), in […]
Top news organizations around the country recently ran these must-read stories related to senior housing. Back to School: College Towns Woo Retirees—Davidson College in North Carolina allows residents of a nearby senior housing community to audit classes, and this is just one example of how college towns are emerging as retiree hotspots. Virtual Home Intended […]
Senior housing and care has attracted a growing amount of interest among investors who are are eager to capitalize on the industry’s favorable market fundamentals. Some of the top investors, health care real estate investment trusts (REITs), have been players in the space for years — but their growth strategies may soon be changing. With […]
Less than four months into his new role as president and CEO of the Assisted Living Federation of America, James Balda has helped roll out new credentialing efforts, launched a campaign that aims to prepare industry stakeholders for the next 10 years, and hosted his first annual conference, which had a record 2,700 attendees. Not to […]