Since its founding as a 501(c)(3) organization in 1991, NIC has consistently sought to deliver on its mission of enabling access and choice in seniors housing and care by attracting and educating private sector capital, especially institutional capital (primarily pension funds and endowments), about the demand for and investment opportunities in seniors housing and care. As healthcare transformation progresses, data and analytics is becoming critically important to provide insights to all stakeholders within the continuum of care including seniors housing and care.
The 2017 preliminary closed transactions data is in and it shows a slight decline in dollar volume compared to 2016. Seniors housing and care closed transaction volume in 2017 registered $14.1 billion, which included relatively weak second and fourth quarter transaction volume. The $14.1 billion includes $7.9 billion in seniors housing and $6.2 billion in nursing care. The total volume was down 2.8% from the previous year’s $14.5 billion, but down 35.5% from 2015 when volume came in at $21.9 billion. If these figures hold as we finalize the 2017 numbers then it will be the lowest year in closed transactions volume since 2012.