NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

CCRC/LPC Market Trends: 3Q2017

By: Lana Peck  |  December 06, 2017

As the seniors housing and care industry's leading data provider, NIC tracks occupancy, rental rates, supply and construction data for independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRCs)/life plan communities (LPCs). Through the NIC MAP® client portal, subscribers have access to robust web-based tools and reports, including market-level summaries and historical time-series data for seniors housing supply and demand market fundamentals that can be accessed by filtering different data aggregations.

Market Trends  |  Senior Housing  |  Workforce

Seniors Housing Annual Total Returns Continue to Outpace Other Commercial Real Estate

By: Beth Burnham Mace  |  December 01, 2017

Returns Strong. Third-quarter investment return data for the NCREIF-reported seniors housing properties equaled 2.73%, composed of a 1.38% capital return and a 1.36% income return. The annual total return through the first quarter of 2017 was 12.72%, overshadowing the NCREIF Property Index (NPI) result of 6.89% and the apartment result of 6.22%. However, industrial total returns slightly outpaced seniors housing at 12.80%. Despite the relatively strong showing, the total annual return for seniors housing has been trending down since mid-2014 when it peaked at 20.37%. This pattern can also be seen in the broader index and reflects a slowdown in the appreciation component of the index.

Economic Trends  |  Market Trends  |  Senior Housing  |  Skilled Nursing  |  Workforce

Closed Volume in Third Quarter at $5 Billion, Institutional Buyers Represent Growing Share

By: Bill Kauffman  |  November 16, 2017

Updated third quarter data shows seniors housing and care transactions volume in the third quarter of 2017 registered $5.0 billion. That includes $1.5 billion in seniors housing and $3.5 billion in nursing care. The total volume was up 129% from the prior quarter’s $2.2B and up 6% from the third quarter of 2016 when volume totaled $4.7 billion.

Economic Trends  |  Ideas and Discussion  |  Market Trends  |  Senior Housing

2017 NIC Fall Conference Rewind

By: Lana Peck  |  November 08, 2017

Thumbs up or down? Session audience votes on real life redevelopment projects Let’s say a business opportunity lands on your desk. Maybe it’s an older property that needs some updating but has a great location. Perhaps it’s a newer building with occupancy problems, or a property with any number of other challenges that seem fixable. What would you do? Would you take the risk? What are the factors to consider beyond the obvious ones that could determine success or failure?

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