NIC Notes

Insights in Seniors Housing & Care

2Q2019 Seniors Housing Actual Rates Report Key Takeaways

By: NIC  |  September 04, 2019

The NIC MAP® Data Service recently released national monthly data through June 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. Having access to accurate data on the monthly rates that a seniors housing resident pays as compared to asking rates helps NIC achieve this goal.

Senior Housing  |  healthcare

One Year Later: An Update on the Welltower-ProMedica Partnership

By: NIC  |  August 29, 2019

Welltower’s Tom DeRosa discusses how the game-changing deal is taking real estate to the next level In July 2018, a groundbreaking partnership provided further evidence of the industry’s quickly changing trajectory.

Middle Market Discussions Will Bookend NIC Fall Conference

By: NIC  |  August 28, 2019

Building off the momentum, enthusiasm, and focus of NIC’s recently released Middle Market Study, NIC will open and close the 2019 Fall conference with two sessions dedicated to this topic. The study, funded by NIC and conducted by NORC at the University of Chicago, revealed there is a substantial market that private-pay seniors housing currently is not serving. This is the cohort who do not qualify for Medicaid but may not have sufficient resources to pay for private seniors housing as it exists today. More than half of these individuals are projected to have mobility limitations by 2029 and other health care needs.

Leadership Development, Industry Networking, and Lessons in Advocacy at the 10th Annual NELS Summit

By: Anne Standish  |  August 21, 2019

In mid-July 2019, I had the pleasure of attending the 10th Annual NELS Summit in Washington, DC. NIC is a proud co-sponsor of the three-day event, where emerging leaders in health and aging services can connect with peers, develop their leadership skills, learn about advocacy, and network with industry leaders. The majority of NELS attendees hold Executive Director or Administrator positions at skilled nursing facilities, assisted living and independent living communities, CCRCs, rehabilitation hospitals, affiliated organizations, and home- and community-based services.

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