Long heralded as The Gateway to the West, St. Louis in recent years has primed itself for a senior housing land rush as developers pour into the state looking to capitalize on changes to the Missouri’s Certificate of Need (CON) laws. Developers are investing millions into projects currently in the works for the St. Louis […]
NIC
Senior housing occupancy is at its highest level, on average, since early 2008, according to the latest data compiled by the National Investment Center for the Seniors Housing & Care Industry (NIC). At an average 90.1% across all senior housing types in the first quarter of 2014 some of the top-31, or primary, markets have […]
Senior Housing News and RED Capital Group have teamed up to provide an inside look at the latest data and trends impacting senior living construction in today’s market. Sign up now! During this FREE webinar, you’ll hear from the National Investment Center for the Seniors Housing & Care Industry (NIC) about the latest construction data […]
Despite hot spots for new construction in certain areas nationwide, Brookdale Senior Living is prepared to handle new senior living projects getting developed close to one of its existing communities, but overall isn’t too concerned about the new development scene. “We’re relatively sanguine on construction,” said Andy Smith, CEO, during a presentation at the 2014 […]
In line with new capital sources and operators in senior living post-recession, The National Investment Center for the Seniors Housing and Care Industry is reporting that three major multifamily players have begun subscribing for NIC’s data services and are expanding in the sector. “In addition to new capital sources seeking information on the sector, three […]
Overall occupancy for all senior housing property types ticked slightly upward during the first quarter of 2014 as new construction slowed, according to recent data from the National Investment Center for the Seniors Housing & Care Industry (NIC). The average occupancy rate for senior housing properties in the first quarter was 89.8%, an increase of […]
With strong gains across all senior housing sectors as of the first half of 2014, the top 20 metros are showing 90%-plus occupancy among independent living communities. According to data from the National Investment Center for the Seniors Housing and Care Industry cited by Marcus & Millichap in its biannual industry report released this month, […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week. Five Healthcare Trends That Will Impact Senior Living—From a rise in government-sponsored healthcare to accountability for outcomes, Senator Bill Frist outlined these trends for the National Investment Center for the Seniors Housing & Care Industry. Developer Pledges $1 […]
The slowing of home sales following a post-recession real estate resurgence is unlikely to interrupt the positive pace of senior housing. Despite a 10% decline in home sales from August 2013 through December and lower expectations for the first part of 2014, the impact to senior housing will likely be “minimal,” says the National Investment […]
Having showed renewed signs of activity after a long, latent period, the market for nonprofit continuing care retirement communities (CCRCs) is showing a sudden uptick, according to recent Ziegler findings. As of September 2013, there were eight new CCRCs expected to open by the end of 2015. Today, that number has jumped to 18. Strong […]
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