Economic Trends | Senior Housing
By: Bill Kauffman | January 18, 2017
Over the past few years, public buyers, dominated by the public REITs, have been the dominant player buying seniors housing and care properties. That changed in 2016, when higher costs of capital limited purchases by public REITs. Consequently, acquisitions by institutional buyers and private buyers (including private REITs and partnerships) accounted for the majority of dollar volume in 2016. With public REITs relatively quiet in terms of closed deals, volume dropped significantly compared to 2015. However, smaller dollar transactions kept 2016 active.
Economic Trends | Skilled Nursing | Workforce
By: Bill Kauffman | December 22, 2016
Last week, NIC released its fourth Skilled Nursing Data Report, which includes key monthly data points from October 2011 through September 2016. In this week’s blog post, we’ll highlight the main takeaways from the report.
Economic Trends | Skilled Nursing
By: Bill Kauffman | November 16, 2016
Skilled nursing operators—and those who invest in the sector—are no strangers to challenges. Over the past few years, government, payor, and operator initiatives across the country have been working to create a new health care delivery and payment system, and these initiatives are expected to continue for the foreseeable future. In fact, some industry leaders suggest that it could be two years until we see a narrowing of networks and partner alignment that will expose the winners and potential losers of the emerging system.
Economic Trends | Senior Housing
By: Bill Kauffman | October 19, 2016
The preliminary 2016 third-quarter data is in, and it shows that transaction volume continues to slow down in 2016. Public buyers, mainly the public REITs, have led the slowdown, as cost of capital increased, and the number of transactions that suit their strategies declined. But on the private side, buyers continued to stay relatively active in the third quarter.
