NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  Senior Housing

Seniors Housing Annual Total Returns Equal 7.80% in Q3 2019

By: Beth Mace  |  December 13, 2019

The National Council of Real Estate Investment Fiduciaries (NCREIF) recently released investment return performance indicators for the primary commercial real estate sectors, including seniors housing. The results for seniors housing are summarized in this blog post. The performance measurements reflect the returns of 124 seniors housing properties, valued at $6.5 billion in the third quarter.

Market Trends  |  Senior Housing

3Q2019 Seniors Housing Actual Rates Report Key Takeaways

By: Beth Mace  |  December 11, 2019

The NIC MAP® Data Service recently released national monthly data through September 2019 for actual rates and leasing velocity. The NIC Actual Rates initiative is driven by the need to continually increase transparency in the seniors housing sector and achieve greater parity to data that is available in other real estate asset types.

Economic Trends  |  Senior Housing  |  Workforce

266,000 Jobs Created in November, Above Consensus View

By: Beth Mace  |  December 06, 2019

The Labor Department reported that there were 266,000 jobs added in November.  This beat the consensus estimate of 187,000 and marked the 110th consecutive month of job gains.  The return of 41,000 striking workers to their jobs at General Motors helped boost this month’s gains. Even excluding the effect of the strike, payrolls were still up by a strong 225,000 in November.

Ideas and Discussion  |  Market Trends  |  Senior Housing

Where and How Do Boomers Want to Live  As They Age?

By: Beth Mace  |  December 03, 2019

As we age, where will we want to live?  And as importantly, how will we want to live? It’s a decision that faces many of us today, either directly for ourselves or indirectly for our elderly parents. In a recent front-page Wall Street Journal article, Peter Grant drew attention to and rightfully addressed this question, as nearly 13 million older Americans face this decision today and as the massive wave of 72 million baby boomers born between 1946 and 1964 gradually approach the time where post-retirement lifestyle choices will once again need to be made.