The U.S. seniors housing and care transactions market saw a slight drop in dollar volume in the third quarter of 2019 from the previous quarter. However, measured by the number of transactions closed year-to-date in 2019, the market seems to be very active on a relative basis. Judging by interest from investors, especially from the private buyers (discussed further below), this trend is likely to continue in the short-term barring any liquidity or economic shocks.
One of the most important elements of success for a business or an industry is the continued development of leadership to ensure that the necessary human capital is available to embrace the challenges of the future, prepare for growth, and navigate critical issues. NIC and the seniors housing and care sector are no different. Leadership development is essential, especially for the continued success of delivering on the NIC mission which is to support access and choice for America’s seniors by providing data, analytics, and connections that bring together investors and providers. As the need for housing and care increases with an aging population, so too does the need for innovative thinking and the ability to solve the challenges ahead and embrace the opportunities for the future.
First year-over-year occupancy increase since January 2015 Managed Medicare revenue mix reaches time-series high of 12.1%, higher in urban areas NIC released its first quarter 2019 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through March 2019.