Economic Trends | Market Trends | Senior Housing | Skilled Nursing | Workforce
By: Bill Kauffman | November 16, 2017
Updated third quarter data shows seniors housing and care transactions volume in the third quarter of 2017 registered $5.0 billion. That includes $1.5 billion in seniors housing and $3.5 billion in nursing care. The total volume was up 129% from the prior quarter’s $2.2B and up 6% from the third quarter of 2016 when volume totaled $4.7 billion.
Economic Trends | Ideas and Discussion | Market Trends | Senior Housing
By: Lana Peck | November 08, 2017
Thumbs up or down? Session audience votes on real life redevelopment projects Let’s say a business opportunity lands on your desk. Maybe it’s an older property that needs some updating but has a great location. Perhaps it’s a newer building with occupancy problems, or a property with any number of other challenges that seem fixable. What would you do? Would you take the risk? What are the factors to consider beyond the obvious ones that could determine success or failure?
By: Beth Mace | November 06, 2017
The Labor Department reported that there were 261,000 jobs created in the U.S. economy in October. This was below the consensus expectation of 310,000 jobs. The smaller than expected October increase may have reflected upward revisions to the September employment estimates which showed that the effects of the hurricanes were less than initially reported. Indeed, the preliminary loss of 33,000 jobs in September were revised to a positive gain of 18,000 jobs. The average job gain for September and October was 140,000, below the 176,000 average of the first eight months of the year.
Ideas and Discussion | Skilled Nursing | Workforce
By: Liz Liberman | November 01, 2017
The 2017 NIC Fall Conference featured valuable programming content for stakeholders in the seniors housing and care industry. Throughout the conference, key themes emerged both on and off the stage. A frequent topic of discussion was the evolution of the skilled nursing industry, and more notably, the importance of efficient operations for success. Not only do operators require efficiency, but they also must be nimble and empowered to adapt to their unique markets while using data to influence decision-making and partnerships.
