NIC Notes

Insights in Seniors Housing & Care

Senior Housing  |  Skilled Nursing  |  Workforce

…and Care

By: NIC  |  May 30, 2018

This month, NIC, in a strategic alliance with PointRight, is announcing the launch of quality metrics for the skilled nursing sector. This major expansion and enhancement within the NIC MAP® Data Service platform reflects NIC’s commitment to the skilled nursing sector and builds upon NIC's present Skilled Nursing Data Report, which focuses on financial data.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

Independent Living Update: 1Q2018

By: Lana Peck  |  May 23, 2018

Supply and demand more balanced; occupancy sustained above 90%

Market Trends  |  Senior Housing  |  Skilled Nursing

Closed Transactions at $2.6 Billion in First Quarter: Private buyers very active

By: Bill Kauffman  |  May 16, 2018

Seniors housing and care updated transactions figures show a total of $2.6 billion closed deals in the first quarter of 2018. That includes $1.7 billion of seniors housing, and $900 million in nursing care transactions. The total volume was down 5% from the previous quarter’s $2.7 billion, and down 45% from the first quarter of 2017 when volume totaled $4.7 billion.

Economic Trends  |  Market Trends  |  Workforce

Jobs Increase by 164,000 in April 2018

By: Beth Mace  |  May 04, 2018

The Labor Department reported that there were 164,000 jobs created in the U.S. economy in April, below the consensus expectation of 193,000. This followed a downwardly revised gain of 324,000 jobs in February (originally reported as 326,000) and an upwardly revised gain of 135,000 in March (originally reported as 103,000). The two-month revision was a positive 30,000 new jobs.