NIC

NIC: First quarter sees $1.7 billion in closed seniors housing deals; private buyers especially active

NIC: First quarter sees $1.7 billion in closed seniors housing deals; private buyers especially active

The first quarter of 2018 had $1.7 billion in seniors housing transactions closures, Bill Kauffman, senior principal at the National Center for Seniors Housing and Care said Wednesday.

22 markets see occupancy challenges in first quarter

22 markets see occupancy challenges in first quarter

Twenty-two of the 31 markets tracked by the National Investment Center for Seniors Housing and Care had senior living community occupancy rates that were lower in the first quarter than year-earlier levels, according to NIC.

Assisted living occupancy hits record low of 85.7%, NIC says

Assisted living occupancy hits record low of 85.7%, NIC says

Assisted living occupancy reached a record low in the first quarter of 2018, according to data released Thursday by the National Investment Center for Seniors Housing & Care.

NIC: 5 markets dominate CCRC construction

NIC: 5 markets dominate CCRC construction

More than one-third of all continuing care retirement community unit construction was taking place in five markets as of the fourth quarter of 2017, according to Lana Peck, senior principal of the National Investment Center for Seniors Housing & Care.

Who's buying and selling seniors housing?

Who's buying and selling seniors housing?

Public investors are pulling back from seniors housing for four reasons, according to National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace.

Tight labor market delaying construction, upping wage pressure in senior living, economist says

Tight labor market delaying construction, upping wage pressure in senior living, economist says

The tight labor market is preventing the construction of senior living communities and increasing wage pressure among operators, according to National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace.

A tribute to Tony Mullen

A tribute to Tony Mullen

We are all deeply saddened at the passing of Tony Mullen. It was his love for the seniors housing and care industry that I believe will resonate.

Industry mourns senior housing and care veteran Tony Mullen, NIC co-founder

Industry mourns senior housing and care veteran Tony Mullen, NIC co-founder

Senior living industry leaders are remembering Anthony James "Tony" Mullen as a trailblazing, passionate advocate of seniors housing and care as well as a good friend. Mullen died Saturday after having a heart attack. He was 61.

People in the news, March 13

People in the news, March 13

Funeral information for Tony Mullen, a founder of the National Investment Center for Seniors Housing & Care. And appointments at Erickson Living, Hunt Mortgage Group, It's Never 2 Late, LeadingAge, Lutheran Senior Services, New Perspective Senior Living, Solvere Senior Living, Stratus Interoperable and Sun Health.

NIC panelists offer tips for staff recruiting and retention

NIC panelists offer tips for staff recruiting and retention

Panelists at a Thursday educational session at the National Investment Center for Seniors Housing & Care's Spring Investment Forum in Dallas shared advice for addressing senior living's No. 1 challenge: recruiting and retaining workers.

5 keys to integrated care delivery in senior living

5 keys to integrated care delivery in senior living

Maria Nadelstumph of Brandywine Living shared with attendees at the NIC Spring Investment Forum what her company had learned when seeking partners to help integrate care delivery into service offerings for residents.

Assisted living sets record for price per unit

Assisted living sets record for price per unit

The average price per unit in assisted living increased by 14% to set a record of $221,250 per unit in 2017, according to new data. Separately, the National Investment Center for Seniors Housing & Care said its Actual Rates Initiative aims to move the seniors housing industry toward a level of price transparency comparable to that of other real estate property types.

New assisted living database designed to enable operators, lenders to compare communities nationwide

New assisted living database designed to enable operators, lenders to compare communities nationwide

A new assisted living and memory care quality database by Formation Healthcare Group and Vision LTC has completed beta testing and has been launched publicly to a limited number of organizations, the companies have announced. Attendees of this week's NIC Spring Investment Forum will have the opportunity to view it firsthand.

People in the news, Feb. 6

People in the news, Feb. 6

Retirements, promotions and appointments at the Armed Forces Retirement Home, Blueprint Healthcare Real Estate Advisors, Epoch Senior Living, Golden West, HCP, HJ Sims, LCB Senior Living, LifeSpan Network, the National Investment Center for Seniors Housing & Care, SoftWriters, Springpoint Senior Living, Timber Ridge at Talus, the Veterans Home at King and Welltower.

Seniors housing transaction volume continues downward trend, NIC says

Seniors housing transaction volume continues downward trend, NIC says

Seniors housing and care transaction volume has declined over the past three years, according to preliminary data shared by the National Investment Center for Seniors Housing & Care.

In Focus

May 16

Bringing in the outdoors

Hollidaysburg, PA 

Garvey Manor and Our Lady of the Alleghenies Residence continuing care retirement community recently hosted an outdoor show, "Marching into the Woods."

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