NIC Notes

Insights in Seniors Housing & Care

Economic Trends

Closed Transaction Volume Down Significantly in Q2, But Pick Up Likely Later in the Year

By: Bill Kauffman  |  July 19, 2017

There have been numerous high profile deals announced over the past couple months which should drive the volume higher by year-end. However, transaction dollars that closed in the second quarter of 2017 were down significantly, which was mostly driven by the decrease in seniors housing volume.

Economic Trends  |  Market Trends  |  Senior Housing

How Do You Measure Market Depth?

By: Lana Peck  |  July 12, 2017

The consideration of a new development raises a lot of questions. How successful will a proposed property be in its initial lease-up period and will it be able to capture some of the existing demand as well as a portion of the current and projected growth? What is the optimal combination of care types? How about the mix of unit prices and floor plans; how many one- or two-bedroom units should be planned?

Economic Trends  |  Workforce

U.S. economy generated 222,000 jobs in June 2017.

By: Beth Mace  |  July 07, 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 222,000 positions in June, the largest increase since February, and above the consensus 175,000 estimate. This followed gains of 207,000 in April, originally reported as 174,000, and 152,000 in May, originally reported as 138,000. Monthly revisions result from additional reports received from businesses since the last published estimates and from the recalculation of seasonal factors. Over the past 6 months, job gains have averaged 180,000 per month, not dissimilar to the average monthly gain of 187,000 in 2016. The economy has generated jobs every month since October 2010.

Economic Trends

How Could the Proposed Senate Health Care Bill Impact the Nursing Home Sector?

By: Liz Liberman  |  July 05, 2017

In March, when the Republicans in the House submitted a proposal to repeal and replace the Affordable Care Act (ACA), this Blog series provided a brief overview of how the proposal could affect the skilled nursing sector. Now that the Republicans in the Senate have released their own proposal, it's again time to briefly review the key points of the legislation that could have an impact on this sector. Some differences exist between the two versions of the bill, but for this discussion, one of the key points is that both propose significant cuts to Medicaid, which funds the majority of nursing home residents' care.

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