NIC Notes

Insights in Seniors Housing & Care

COVID-19  |  Market Trends  |  NIC MAP Vision  |  Seniors Housing

The Ongoing Impact of COVID-19: Six Takeaways from NIC MAP’s 3Q20 Seniors Housing Data Release Webinar

By: Beth Mace  |  October 29, 2020

NIC MAP® Data Service clients attended a webinar in mid-October on key seniors housing data trends during the third quarter of 2020. Findings reflected the impact of COVID-19 across the seniors housing and care sector, led by NIC’s research team. Key takeaways included the following:

COVID-19  |  Market Trends  |  Seniors Housing

Investor Sentiment Less Sanguine — Results of the NIC/NREI Summer 2020 Survey

By: Beth Mace  |  October 07, 2020

Marking the sixth consecutive year, NIC once again partnered with National Real Estate Investor (NREI) on an annual investor sentiment survey in late summer 2020.

Economic Trends  |  Seniors Housing

Jobless Rate Slides Back to 7.9% in September

By: Beth Mace  |  October 02, 2020

The Labor Department reported that nonfarm payrolls rose by 661,000 in September and that the unemployment rate fell to 7.9% from 8.4%. This suggests that the employment recovery from the unprecedented COVID-related drop in March and April continues. Roughly 11.4 million jobs have now been recovered during the May to September period. Nonetheless, the level of payrolls remains about 10.8 million below where it was in February (7.0% below). 

Market Trends  |  Seniors Housing

Seniors Housing Total Investment Returns Decline in Second Quarter 2020

By: Beth Mace  |  September 16, 2020

Like many property types, seniors housing investment returns fell in the second quarter of 2020 as the effects of the COVID-19 global pandemic and the utter collapse of the economy took their toll. The total investment return for the seniors housing sector was a negative 1.00% in the second quarter of 2020, the first negative return since 2Q 2012.