NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Senior Housing

2016 Transactions: Costs of Capital Played a Role, but Deal Flow Still Strong

By: Bill Kauffman  |  January 18, 2017

Over the past few years, public buyers, dominated by the public REITs, have been the dominant player buying seniors housing and care properties. That changed in 2016, when higher costs of capital limited purchases by public REITs. Consequently, acquisitions by institutional buyers and private buyers (including private REITs and partnerships) accounted for the majority of dollar volume in 2016. With public REITs relatively quiet in terms of closed deals, volume dropped significantly compared to 2015. However, smaller dollar transactions kept 2016 active.

Economic Trends  |  Senior Housing

Seniors Housing Posts Strong Property Investment Returns

By: Beth Mace  |  January 11, 2017

Investment returns for seniors housing historically have outpaced the overall NCREIF (National Council of Real Estate Investment Fiduciaries) Property Index (NPI), a property-level index that tracks investment return performance for commercial real estate. But while seniors housing returns outperformed the NPI in the third quarter of 2016, the total annual return for this sector has been slowly trending down since mid-2014.

Economic Trends  |  Regulatory Environment  |  Senior Housing  |  Skilled Nursing

Major Regulatory Headlines for Senior Living to Watch in 2017

By: Liz Liberman  |  January 04, 2017

From a regulatory perspective, 2016 was certainly a busy year in seniors housing and care. From new bundled payment models to revised participation requirements, the Centers for Medicare and Medicaid (CMS) rolled out new guidance and rules at a rapid pace. With a new administration and a new leader at the helm of Health and Human Services (HHS, the agency under which CMS operates), 2017 could turn out as interesting as 2016. Here are the regulatory areas I'll be keeping my eye on in the next year.

Economic Trends  |  Senior Housing

The Southeast’s Seniors Housing Market

By: Beth Mace  |  December 28, 2016

The Southeast is a vibrant and expanding region of the U.S., both for job seekers and business owners. This region, which includes Florida, Georgia, Mississippi, Alabama, and Tennessee, attracts older and younger people alike, who are drawn by the warmer climate, retirement destinations, business connections, cultural offerings, recreational opportunities, and broad-based growth potential.

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