Business Environment | Economic Trends | Market Trends | NIC Leadership Huddle | Senior Housing
By: NIC | May 30, 2023
After facing down a pandemic for three years, the senior housing industry now faces a new reality—some parts good and some not so good.
Market Trends | NIC Leadership Huddle | Senior Housing
By: NIC | May 15, 2023
NIC recently relaunched its popular Leadership Huddle webinar series to address today’s evolving market conditions. In the first Leadership Huddle webinar of 2023, held on May 2, NIC Chief Economist, Beth Mace, presented the NIC Blue Book, addressing current trends, challenges, and opportunities in the senior housing industry. Mace provided insights on the broader economy, inflation, Fed policy, interest rates, the potential for a recession in the next twelve months, and the current job market.
Economic Trends | Market Trends | NIC Leadership Huddle | Senior Housing
By: Beth Mace | April 26, 2023
It’s now been a little over a year since the Federal Reserve began to increase interest rates to slow the pace of inflation and the rate of economic growth. The increase in rates has been large, and it has been fast. Short-term interest rates have gone from virtually 0% in March 2022 to 4.75% today, the most significant tightening in monetary policy since the 1980s, when then-Fed Chair Paul Volcker also increased rates to combat inflation and slow economic growth.
Ideas and Discussion | NIC Leadership Huddle | Workforce
By: NIC | July 15, 2022
The senior housing and care sector is constantly evolving, but fresh industry, economic, and societal pressures force owners and operators to be nimbler than ever to thrive. On July 13, NIC hosted its final Leadership Huddle of 2022 – Chris Taylor, managing director of Capital One Healthcare Real Estate led the conversation between senior living experts Cindy Baier, CEO of Brookdale Living, and Kimberly Lody, CEO of Sonida Senior Living, to explore how leaders can navigate change and utilize it to improve their organizations.