NIC

Assisted living occupancy drops to record low in second quarter

Assisted living occupancy drops to record low in second quarter

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The occupancy rate for assisted living continued its downward trend in the second quarter, falling lower than last quarter's record-low average of 85.7% to a low of 85.2%, according to data released Thursday by the National Investment Center for Seniors Housing & Care.

NIC board adds Brookdale CEO Lucinda 'Cindy' Baier

NIC board adds Brookdale CEO Lucinda 'Cindy' Baier

The National Investment Center for Seniors Housing & Care has added Brookdale Senior Living President and CEO Lucinda "Cindy" Baier to its board of directors.

Two paths to higher occupancy, per NIC

Two paths to higher occupancy, per NIC

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Two paths can help senior living operators prevent occupancy from dropping any further, according to the National Investment Center for Seniors Housing & Care.

Assisted living, memory care have quickest lease-ups, NIC says

Assisted living, memory care have quickest lease-ups, NIC says

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Assisted living and memory care units have higher median occupancy rates than independent living and skilled nursing units both two and four years after opening, according to the National Investment Center for Seniors Housing & Care.

Where independent living inventory growth is strongest

Where independent living inventory growth is strongest

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Seven metropolitan areas account for approximately one-third of the inventory growth in independent living over the past year, according to the National Investment Center for Seniors Housing & Care.

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

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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

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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

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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

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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?

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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

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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

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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

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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

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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

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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

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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

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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.

People in the news, Jan. 23

People in the news, Jan. 23

Promotions and appointments at Epoch Senior Living, GlynnDevins, HumanGood, Juniper Communities, Lancaster Pollard, LCB Senior Living, the National Investment Center for Seniors Housing & Care, Primrose Retirement Communities, Solvere Senior Living, the Texas Organization of Residential Care Homes, Watercrest Senior Living Group, Watermark Retirement Communities and Ziegler.

Seniors housing a 'best bet' for investors: report

Seniors housing a 'best bet' for investors: report

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Several factors are converging to make seniors housing one of the "expected best bets" for investors this year, according to a new report.

Senior living market fundamentals stagnant in fourth quarter

Senior living market fundamentals stagnant in fourth quarter

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Occupancy, annual absorption and construction as a share of existing inventory in senior living remained unchanged in the fourth quarter compared with the third quarter, the National Investment Center for Seniors Housing & Care said Thursday as it released fourth-quarter performance data captured by the NIC MAP Data Service.

Memory care occupancy increasing

Memory care occupancy increasing

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Occupancy in memory care increased in the third quarter, somewhat reversing from a downward trend that had begun in the fourth quarter of 2015, according to National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace.

Your favorite columns of 2017

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An examination of analytics reveals which business challenges were top topics of interest for McKnight's Senior Living website visitors, newsletter readers and social media followers and friends in 2017. Here's a chance to revisit our most popular columns of the year or to read them for the first time.

Outlook for CCRC occupancy depends on type of community

Outlook for CCRC occupancy depends on type of community

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Occupancy at continuing care retirement communities is trending upward overall, but some types of communities are experiencing higher rates than others, according to the National Investment Center for Seniors Housing & Care.

Seniors housing continues to produce strong returns

Seniors housing continues to produce strong returns

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Seniors housing continues to produce higher annualized total returns than apartment, hotel, office and retail properties, according to the National Council of Real Estate Investment Fiduciaries.

Texas among states with big gains in senior housing inventory

Texas among states with big gains in senior housing inventory

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When it comes to senior living, Texas is hopping — or at least parts of it are.

Assisted living occupancy inches up in third quarter

Assisted living occupancy inches up in third quarter

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Occupancy in assisted living communities averaged 86.6% during the third quarter, up 0.2 percentage point from the second quarter, when it had fallen to its lowest point ever for the second time in 11 years, according to data released Wednesday by the National Investment Center for Seniors Housing & Care's MAP Data Service.

5-year study aims to prove benefits of life plan community living

5-year study aims to prove benefits of life plan community living

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A five-year study of more than 2,000 life plan community residents by the Mather LifeWays Institute on Aging and Northwestern University will try to determine the effects that living in such a community has on residents' long-term health and wellness, the institute announced Tuesday.

In Focus

July 18

A truckload of charity

Gainesville, FL 

The Village at Gainesville recently donated a truckload of used appliances from its residences to the Bread of the Mighty Food Bank.

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