NIC Notes

Insights in Seniors Housing & Care

Economic Trends

A Tale of Many Cities

By: Beth Mace  |  December 16, 2015

Occupancy Winners and Losers. Seniors housing occupancy rates vary considerably across the nation, with Lancaster, PA, ranking as the strongest occupied market among the NIC 99 in the third quarter at 96.9%, followed by Charleston, SC (at 94.9%), and San Jose, CA (at 94.8%). Four metro areas with the lowest occupancy rates share one thing in common—Texas. These include McAllen, San Antonio, El Paso, and Houston, and all had occupancy rates at or below 85% in the third quarter. The NIC 99 metro average was 90.1% by comparison.

Economic Trends  |  Ideas and Discussion

Smart Capital is the Best Capital: Meet Your Next Capital Provider

By: NIC  |  December 09, 2015

Today’s capital market conditions are favorable: capital is relatively inexpensive and readily available. Looking ahead, what will happen if and when the capital markets change? A change in policy by the Federal Reserve has the potential to cause a sea of change for both lenders and borrowers as the cost of capital increases. Higher interest rates will change the economics of a transaction and may cause some investors and lenders to reconsider deals and opportunities.

Economic Trends

At 211,000, November’s Job Gains Are Strong

By: Beth Mace  |  December 04, 2015

The first Friday of the month at 8:30 EDT is widely anticipated by market participants as the Labor Department presents a fresh gauge of the most recent economic performance in its release of the labor report for the prior month. Today’s number was even more closely watched since it will be the most up to date information on the labor market that the Federal Reserve has prior to its FOMC meetings on December 15th and 16th. At these meetings, the Fed will assess the state of the economy and determine whether or not it should raise its benchmark interest rate which has been near zero since the depths of the recession in late 2008.