NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

An Update: Seniors Housing Construction and Cost Trends

By: Anne Standish  |  February 06, 2019

A key topic of conversation among seniors housing investors and operators is the impact of inventory growth on occupancy rates and the ability to grow rents and revenue. Related to inventory growth are rising costs of construction, which may be one factor influencing a slowing of construction activity. This blog highlights some recent data to support those discussions.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

Behind the Scenes – Inside NIC’s Data Group, Part 1

By: NIC  |  February 05, 2019

Hundreds of businesses, including capital providers, developers, owners, operators, service providers, and others, rely on the NIC MAP® Data Service as they research, analyze, and assess their markets and prospects across the country. Clients know they can trust the accuracy of the data NIC makes available, as they leverage the ever-expanding utility of NIC’s online platform; but they may be unaware of what happens behind the scenes in order to produce such quality data. There’s a lot going on, so we’re breaking this into two parts, and will post the second half next week.

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

Economy Adds 304,000 Jobs in January

By: Beth Mace  |  February 01, 2019

The Labor Department reported that there were a significant number of jobs added in January--304,000 and well above the consensus expectation of 172,000. This was the 100th consecutive month of job growth. December was revised down to 222,000 from 312,000 and November was revised up to 196,000 from 176,000.

CCRC  |  Economic Trends  |  Market Trends  |  Workforce

Continuing Care Retirement Communities, Part 2: Regional Occupancy Performance, Entrance Fee vs. Rental Payment Models

By: Lana Peck  |  January 30, 2019

Expanding on a recent NIC Blog Post that detailed care segment occupancy across the NIC MAP® 99 Primary and Secondary Markets within Continuing Care Retirement Communities (CCRCs, also referred to as life plan communities) compared with those in non-CCRC freestanding or combined communities, the second installment of this two-part blog post examines the regional occupancy performance of independent living, assisted living, memory care and nursing care segments within and across entrance fee and rental CCRCs.