Economic Trends | Market Trends | Senior Housing
By: Beth Mace | February 28, 2018
The NIC Map Data Service recently released national benchmark data through year-end 2017 for actual rates and leasing velocity. Key takeaways include:
Economic Trends | Market Trends | Senior Housing
By: Beth Mace | February 14, 2018
As 2018 continues to unfold, construction pipelines are expected to remain full. Near-record low occupancy levels in assisted living will remain tested, while occupancy pressures will grow in independent living as well.
By: Bill Kauffman | January 31, 2018
The 2017 preliminary closed transactions data is in and it shows a slight decline in dollar volume compared to 2016. Seniors housing and care closed transaction volume in 2017 registered $14.1 billion, which included relatively weak second and fourth quarter transaction volume. The $14.1 billion includes $7.9 billion in seniors housing and $6.2 billion in nursing care. The total volume was down 2.8% from the previous year’s $14.5 billion, but down 35.5% from 2015 when volume came in at $21.9 billion. If these figures hold as we finalize the 2017 numbers then it will be the lowest year in closed transactions volume since 2012.
Economic Trends | Market Trends | Senior Housing | Workforce
By: Beth Mace | January 24, 2018
NIC MAP® Data Service clients attended a webinar earlier this month on the key seniors housing data trends during the fourth quarter of 2017. Key takeaways included the following.
