Determining where to build a senior housing community: “It’s part science — but it’s part analytics and it’s part art.” These were the sentiments of Beth Mace, chief economist for the National Investment Center for Seniors Housing & Care (NIC), at the annual conference in Chicago earlier this month. When assessing a new market, developers […]
NIC
Increased occupancy rates and accelerating asking rent growth in the third quarter are some of the key metrics illustrating the rising demand for senior housing, show the latest data tracking the industry. Seniors housing and care registered $11 billion in closed transactions volume through August, up 28% from this time last year, according to The National […]
In case you missed them, here are the top five stories grabbing Senior Housing News readers’ attention this week: Non-Traded REITs: Only Getting Started in Senior Housing — After raising nearly $20 billion of capital last year, non-traded real estate investment trusts (REITs) are emerging as key players in senior housing finance. And some say they see […]
The biggest names in senior living converged at this year’s National Investment Center for Seniors Housing and Care (NIC) conference in Chicago. While the panels’ topics varied as widely as the operators, developers, REITs and third-party vendors who attended, a few key subjects permeated many of the senior living sessions. SHN compiled the following list […]
As construction levels of private pay seniors housing properties continue to trend up, memory care is seeing the largest percentage increases in construction, according to data released Thursday by the National Investment Center for Seniors Housing and Care. But occupancy remains low, relative to the recent past. In its latest NIC Investment Guide, drawing on data […]
While the economy hasn’t fully recovered yet, the senior housing market appears to be in full swing, with positive trends likely to push investment in the category into the future. Rising demand and falling vacancy levels are among these positive trends, as demand outpaces supply additions, according to a recent report on the state of the senior housing […]
It’s no secret to senior living industry leaders that demand for senior housing is expected to grow as the population of older Americans is projected to double by 2050. And that growth is sparking increased activity in the market, with big bucks flowing in and more players looking to get in on a piece of […]
Photo via The Dawson Headed to Chicago for the 24th annual NIC National conference October 1 – 3? Want to check out the food scene while you’re there? NIC will be held at Sheraton Chicago Hotel & Towers, in the heart of downtown—a dining destination in its own right for some of the country’s top chefs […]
In case you missed them, here are the top headlines grabbing SHN readers’ attentions this week: Assisted Living Growth Rate Climbs to Highest Peak Yet — Assisted living’s inventory growth rate reached its highest level since 2007 in the second quarter, according to the latest data released by the National Investment Center for Seniors Housing & […]
Senior living providers are still seeing more potential for assisted living as the senior housing segment’s inventory growth rate reached its highest level since 2007 in the second quarter. While assisted living growth has continued to climb year over year following the recession, it is continuing on its upward trajectory reaching a new high during […]
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