NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Ideas and Discussion

Tech Startups Make Waves at the NIC Technology Innovation Challenge

By: NIC  |  October 21, 2015

What happens when TV’s Shark Tank meets the NIC National Conference? A sea change for the seniors housing and care industry.

Economic Trends

Third Quarter Seniors Housing Occupancy Rose, but is Seasonality Clouding the Signal?

By: Annie Cederholm  |  October 14, 2015

Evidence of a market peak continues to build, as both occupancy continues to meet resistance at its current level. While seniors housing occupancy during the third quarter rose 20 basis points to 89.9%, those gains are seemingly all seasonal in nature and likely not indicative of an underlying improvement. After running the same seasonal adjustment procedure the government uses to adjust data such as the unemployment rate, occupancy was essentially unchanged from the second quarter.

Economic Trends  |  Ideas and Discussion

Exploring and Connecting at the 25th NIC National Conference

By: NIC  |  October 07, 2015

The 25th NIC National Conference wrapped up on October 2, bringing to a close three days of connecting with seniors housing and care leaders and exploring the prevalent issues affecting the industry today. This year’s theme, The Next 25, reflected on where we’ve been and where we’re headed.

Economic Trends

Obsolescence Risk Looming for Properties of the Last Building Boom?

By: Annie Cederholm  |  September 30, 2015

Construction and supply continue to remain hot topics in seniors housing, especially in assisted living, where construction exceeded 6% of existing inventory during the second quarter of 2015. The risk for older properties is in the potential loss of market share, which could be siphoned by new competitors.