NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Senior Housing  |  Workforce

A Deeper Dive into California’s Seniors Housing Market

By: Beth Burnham Mace  |  November 23, 2016

Of the 99 largest metropolitan markets that the NIC MAP® Data Service (NIC MAP) tracks across the nation, 11 are located in California. Within these metropolitan markets, NIC tracks 870 seniors housing properties with 101,000 units, or nearly 12% of the seniors housing units regularly followed within the 99 markets by NIC. By coincidence, this share is comparable to California’s 12% share of the total U.S. population (38.8 million people live in California versus 320 million in the U.S. as of 2015). Within the state, performance measurements vary considerably.

Economic Trends  |  Senior Housing

Private Buyers Stay Active Even While Sales Transaction Volume and Count Drop

By: Bill Kauffman  |  October 19, 2016

The preliminary 2016 third-quarter data is in, and it shows that transaction volume continues to slow down in 2016. Public buyers, mainly the public REITs, have led the slowdown, as cost of capital increased, and the number of transactions that suit their strategies declined. But on the private side, buyers continued to stay relatively active in the third quarter.

Economic Trends  |  Senior Housing  |  Skilled Nursing

Seniors Housing and Care Transactions Volume Down in 2Q: Part II

By: Bill Kauffman  |  August 17, 2016

Buyer Type Activity in the Second Quarter As I described in Part I of this two-part series on transactions volume in the second quarter of 2016, the decrease in transactions volume was due to a decrease in all buyer types: the public type (any publicly-traded company), the private type (not publicly traded, such as a private REIT, single owner, or partnership), and the institutional type (equity funds that manage pension money or other types of institutional money).

-->