NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Senior Housing  |  Workforce

A Deeper Dive into California’s Seniors Housing Market

By: Beth 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.

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