NIC Notes

Insights in Seniors Housing & Care

Business Environment  |  Regulatory Environment  |  Seniors Housing  |  Skilled Nursing

Federal Reserve Announces Details for Main Street Lending Program

By: Bill Kauffman  |  April 10, 2020

Additional Capital for Small and Mid-Sized Businesses. The Fed can purchase up to $600 billion in loans through the Main Street Lending Program.

Business Environment  |  Regulatory Environment  |  Seniors Housing  |  Skilled Nursing

Potential New Source of Capital for Qualified Seniors Housing and Care Businesses

By: Bill Kauffman  |  April 03, 2020

The CARES Act establishes a new $349 billion Paycheck Protection Program As part of NIC’s mission to provide links between operators and sources of capital, one important new source of capital during this COVID-19 crisis is the Paycheck Protection Program from the Small Business Administration (SBA).

Business Environment  |  Ideas and Discussion  |  Market Trends  |  Seniors Housing  |  Skilled Nursing  |  Workforce

Active Collaboration at the NIC Spring Conference

By: NIC  |  March 13, 2020

More than 1500 industry leaders gathered in San Diego last week for the 2020 NIC Spring Conference. Under calm blue skies, attendees engaged in three days of active networking, deal making, thought-leadership, and discussion of critical trends. A focus on disruption and new partnerships in senior care augmented the annual event’s established focus on real estate debt, equity capital flow, valuations, market trends, and investments.

Business Environment  |  Seniors Housing  |  Skilled Nursing

Private Buyers in 2019 Record Over $7 Billion in Transactions

By: Bill Kauffman  |  February 26, 2020

Average seniors housing price per unit reaches over $200,000 for first time. There was no shortage of activity in the U.S. seniors housing and care transactions market in 2019. The story of abundant liquidity continued throughout the year with the number of closed transactions reaching a time-series high going back to 2008. Indeed, there was no sign of reduced interest from investors and the transaction market continued to show significant activity once again which, barring any economic or capital market shocks, is most likely to continue into 2020.