NIC Notes

Insights in Seniors Housing & Care

Seniors Housing  |  Skilled Nursing

“Business as Usual” at People’s United: A Conversation with Matthew Huber

By: NIC  |  June 15, 2021

This past February, M&T Bank Corporation announced its intention to merge with People’s United Financial, Inc. with M&T Bank as the surviving entity. The merger—expected to close in October—brings together two powerhouse seniors housing and care lenders.

COVID-19  |  Executive Survey Insights  |  Market Trends  |  NIC MAP Vision  |  Seniors Housing  |  Skilled Nursing

Cautious Optimism: Occupancy Rates Appear to Have Hit Bottom

By: Beth Mace and Omar Zahraoui  |  June 10, 2021

While it is still early to say if the seniors housing and care market is showing strong and durable signs of a recovery, several indicators from the NIC MAP® Data, powered by NIC MAP Vision, and from NIC Analytics have sparked cautious optimism and suggest that we may be at least at the bottom of the cycle. Occupancy rates may have reached the low point in February and March of 2021; however, the outlook for when occupancy will return to pre-pandemic levels remains a question.

COVID-19  |  Ideas and Discussion  |  Seniors Housing  |  Skilled Nursing

Study Shows Care Setting Impact on COVID-19 Mortality

By: Ryan Brooks  |  June 07, 2021

NIC provided a grant to NORC at the University of Chicago (NORC) to study the disparate effects of the pandemic on different seniors housing and care settings. The study results have just been released.

NIC Leadership Huddle  |  Seniors Housing

Trends That Will Shape Senior Living Post-Pandemic

By: NIC  |  June 01, 2021

The senior living industry has adapted and evolved through the COVID-19 pandemic. In the latest NIC Leadership Huddle, titled “Trends That Will Shape Senior Living Post-Pandemic,” subject matter experts discussed how the pandemic has shaped the industry, and how some changes will likely remain. They explored trends to watch for, both short term and long term – and identified best practices to help operators and their capital providers stay ahead of the curve.