NIC Notes

Insights in Seniors Housing & Care

Business Environment  |  Economic Trends  |  Senior Housing

Capital Markets Outlook for 2024

By: Zachary Britton  |  January 18, 2024

The 2024 capital markets outlook is that much remains the same. Credit is scarce and the capital markets remain unpredictable. Whether the Fed will cut rates in four months, six months, or even nine months, many investors believe that defense is the best offense. The preceding ten years created a fascinating environment with cap rate compression to historic lows and a substantial amount of newly issued debt. Today, the industry is entering a period of transition where cap rates are starting to progress upward, and historic levels of debt are being repriced in a higher cost of capital environment.

Market Trends  |  Senior Housing

Building Tomorrow: Proactive Strategies and Balanced Construction Mix for Optimal Growth

By: Omar Zahraoui  |  January 17, 2024

2024 will mark the end of a three-year pandemic occupancy recovery, paving the way for 2025 to be a year focused on proactive initiatives, efficiency developments, and a forward-looking approach.

Ideas and Discussion  |  Research  |  Senior Housing

Repurposing Distressed Assets as a Solution to Serve the Middle Market

By: Lisa McCracken  |  January 10, 2024

Since the 2019 “Forgotten Middle” study, NIC has recognized the need to move towards actionable solutions for housing and care for the middle-market older adult. In early 2023, NIC joined with CVS Health to sponsor an in-depth study by Milken Institute’s Financial Innovations Lab® and Center for the Future of Aging to identify viable, actionable solutions for financing and scaling middle market senior housing & care. The culmination of this work is captured in a newly released report called, “Innovative Financing and Care Models to Scale Affordable Housing Solutions for Middle-Income Older Adults.” Four potential strategies for both senior housing and housing with care are outlined in this report.

Ideas and Discussion  |  Senior Housing

MJ Ritschel, Chief Investment Officer, Kisco Senior Living, Sets the Stage as NIC Research Committee Chair

By: NIC  |  January 04, 2024

“The role NIC plays is to be the unquestionable source of truth for all stakeholders regarding data and research about our senior population and for all avenues of senior care and support services here in the U.S.”