Medicaid revenue mix reached a time-series high Occupancy flat, continues to stabilize NIC released its third quarter 2019 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through September 2019.
When NIC founder and strategic advisor Bob Kramer returned from a recent trip to Milwaukee he was clearly inspired, energized, and as hopeful as ever for the future of seniors housing in America. He’d been invited to witness the October 8th unveiling of Direct Supply’s newly renovated and expanded Innovation & Technology Center (ITC) on the Milwaukee School of Engineering (MSOE) campus – and was blown away by what he’d seen there.
The National Council of Real Estate Investment Fiduciaries (NCREIF) recently released investment return performance indicators for the primary commercial real estate sectors, including seniors housing. The results for seniors housing are summarized in this blog post. The performance measurements reflect the returns of 124 seniors housing properties, valued at $6.5 billion in the third quarter.
The NIC MAP® Data Service recently released national monthly data through September 2019 for actual rates and leasing velocity. The NIC Actual Rates initiative is driven by the need to continually increase transparency in the seniors housing sector and achieve greater parity to data that is available in other real estate asset types.