NIC Notes

Insights in Seniors Housing & Care

COVID-19  |  Market Trends  |  NIC MAP Vision  |  Seniors Housing

Senior Housing Proves Resilient Despite Omicron, with Stabilized Occupancy Unchanged in February 2022

By: Omar Zahraoui  |  March 10, 2022

Despite the headwinds created by the Omicron surge and the consequential staffing crisis, senior housing stabilized occupancy for the NIC MAP® Primary Markets held its ground in February 2022. This was also the case in September 2021 when occupancy withstood the Delta surge and was unchanged from August 2021.

Business Environment  |  Forgotten Middle  |  Ideas and Discussion  |  NIC Spring Conference  |  Seniors Housing

Industry Leaders Share Middle Market Strategies at Spring Conference

By: NIC  |  March 09, 2022

In the years ahead, millions of aging middle-income Americans will need a reasonably priced housing and care option. But innovative ideas are vital to solve the issue of affordability. Cutting-edge strategies for the senior housing middle market will be shared by the industry’s top leaders and stakeholders at a session during the 2022 NIC Spring Conference in Dallas (March 23-25.)

Business Environment  |  COVID-19  |  Seniors Housing  |  Workforce

Employment Surges by 678,000 Positions in February, Despite Omicron

By: Beth Mace  |  March 07, 2022

The Labor Department reported that nonfarm payrolls rose by 678,000 in February 2022. This was stronger than market expectations of an increase of 423,000 and occurred despite the impact of omicron on the economy. Revisions added 92,000 to total payrolls in the previous two months. Nevertheless, nonfarm payrolls were still down by 2.1 million or 1.4% from their pre-pandemic level in February 2020.

Market Trends  |  NIC MAP Vision  |  Seniors Housing

Asking Rates Grow: Takeaways from 4Q2021 NIC MAP Actual Rates Report

By: Anne Standish  |  March 01, 2022

Curious about what happened with asking rates and actual rate discounting in 2021 or how move-in patterns differed by care segment? Then read on for key takeaways from the recently released 4Q2021 NIC MAP® Seniors Housing Actual Rates Report, available to NIC MAP® subscribers.

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