NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Workforce

U.S. economy created 228,000 jobs in November 2017

By: Beth Mace  |  December 08, 2017

The Labor Department reported that there were 228,000 jobs created in the U.S. economy in November. This was above the consensus expectation of 200,000 jobs. This marked the 86th consecutive month of positive job gains for the U.S. economy. Revisions were minimal, adding 3,000 jobs to the prior two months.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

CCRC/LPC Market Trends: 3Q2017

By: Lana Peck  |  December 06, 2017

As the seniors housing and care industry's leading data provider, NIC tracks occupancy, rental rates, supply and construction data for independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRCs)/life plan communities (LPCs). Through the NIC MAP® client portal, subscribers have access to robust web-based tools and reports, including market-level summaries and historical time-series data for seniors housing supply and demand market fundamentals that can be accessed by filtering different data aggregations.

Market Trends  |  Senior Housing  |  Workforce

Seniors Housing Annual Total Returns Continue to Outpace Other Commercial Real Estate

By: Beth Mace  |  December 01, 2017

Returns Strong. Third-quarter investment return data for the NCREIF-reported seniors housing properties equaled 2.73%, composed of a 1.38% capital return and a 1.36% income return. The annual total return through the first quarter of 2017 was 12.72%, overshadowing the NCREIF Property Index (NPI) result of 6.89% and the apartment result of 6.22%. However, industrial total returns slightly outpaced seniors housing at 12.80%. Despite the relatively strong showing, the total annual return for seniors housing has been trending down since mid-2014 when it peaked at 20.37%. This pattern can also be seen in the broader index and reflects a slowdown in the appreciation component of the index.

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