NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Workforce

U.S. economy created 211,000 jobs in April 2017

By: Beth Burnham Mace  |  May 05, 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 210,000 positions in April, well above the consensus 190,000 estimate.  This followed gains of 79,000 in March, originally reported as 98,000 and 232,000 in February, originally reported as 219,000.  The weak March payroll increase appears to have been weather related.  Monthly revisions result from additional reports received from businesses since the last published estimates and from the recalculation of seasonal factors. Over the past 4 months, job gains have averaged 185,000 per month, almost identical to the 187,000 monthly pace in 2016.

Senior Housing  |  Workforce

Institutional Buyers Drive Transaction Volume Increase

By: Bill Kauffman  |  April 26, 2017

The preliminary data for seniors housing and care Q1 2017 transactions volume showed a significant uptick from the prior quarter. Volume totaled $4.4 billion in the first quarter. The increase in volume was mainly driven by the public REIT divestitures and the institutional players, namely Blackstone, stepping in to acquire properties.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

Six Key Takeaways from NIC’s First-Quarter Seniors Housing Data Release

By: Beth Burnham Mace  |  April 21, 2017

This week, NIC MAP® Data Service clients attended a webinar on the seniors housing market trends during the first quarter of 2017.  Key takeaways included:

Market Trends  |  Senior Housing  |  Workforce

Understanding Your Market Study: Part 3

By: Lana Peck  |  April 19, 2017

Conducting a Desktop Analysis of the Competition When conducting a market study competitor analysis, many tools and sources of public information are available right from your desktop. The task may seem overwhelming, especially if the market is highly competitive. But here are some best practices to follow: Know what you are looking for Consider why the information is available Think like a prospective resident Organize a collection plan

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