NIC: Independent Living Drives Q4 Senior Housing Occupancy Recovery

The seniors housing sector continues to see recovery, with positive rent growth trends and a slightly higher occupancy in fourth quarter of 2011, although construction activity continued to decline, according to NIC MAP, a data analysis service of the National Investment Center for the Seniors Housing & Care Industry (NIC). The average occupancy rate for […]

Financing Senior Care Renovation: Less Risky Alternative to New Construction?

New construction starts remain significantly below peak 2007 levels, according to data from the National Investment Center for the Seniors Housing & Care Industry, and with financing largely unavailable for ground-up construction, is renovation or rehabilitation of senior care facilities a less-risky alternative for lenders? With nursing homes across the nation an average of nearly four […]

Senior Housing’s 2011 Construction Pipeline Clogged in Anticipation

The seniors housing and care industry was in recovery mode in 2011 as the construction pipeline leveled off and occupancy rates rose, and while this creates development opportunity going forward, industry analysts don’t expect to see substantial amounts of new construction in 2012. The sector saw slight improvement in some fundamentals such as occupancy, revenue, […]