Market Trends | Seniors Housing | Skilled Nursing
By: Beth Mace | May 01, 2020
The NIC MAP® Data Service recently released national monthly data through December 2019 for actual rates and leasing velocity. In this release, NIC also provided data on three metropolitan areas for which there is enough data to report upon: Atlanta, Philadelphia and Phoenix.
Economic Trends | Seniors Housing | Workforce
By: Beth Mace | April 30, 2020
The Department of Labor reported that 3.8 million Americans filed for unemployment insurance benefits in the week ending April 25, 2020 as the COVID-19 pandemic continues to cause businesses to lay off or temporarily furlough workers. This was a decline of 603,000 from the previous week’s upwardly revised level of 4.4 million. The speed and scale of the job losses is unprecedented. In the past six weeks, approximately 30 million people have filed claims. By comparison, 9 million jobs were lost over the course of the 2007-2009 recession.
COVID-19 | Executive Survey Insights | Market Trends | Seniors Housing | Skilled Nursing
By: Lana Peck | April 30, 2020
A NIC report developed to provide timely insights from owners and C-suite operators on the pulse of seniors housing and skilled nursing sectors. NIC’s weekly Executive Survey of operators in seniors housing and skilled nursing is designed to deliver transparency into market fundamentals in the seniors housing and care space at a time where market conditions are rapidly changing—
Business Environment | COVID-19 | Economic Trends | Seniors Housing
By: NIC | April 28, 2020
While the latest NIC data show skilled nursing and seniors housing occupancy and move-in rates declining and daily headlines seem to spotlight COVID-19 infections whenever they occur in these communities, the outlook from some of the sector’s most prominent analysts, while clear-eyed on short-term impacts and challenges, is not all bad. In fact, they see opportunities post-COVID.
