NIC - McKnight's Senior Living

NIC

Long-term care lenders say COVID-19 continues to affect terms, requirements

As senior living and skilled nursing residents complete their COVID-19 vaccinations and case counts continue to decrease within the setting, some banks may be getting ready to re-enter the long-term care sector — though under new terms and requirements. That’s one of several findings in the latest lender survey released Tuesday by specialty investment bank Ziegler, in partnership with the National Investment Center for Seniors Housing & Care.

Economic impact of coronavirus outbreak deepens. Bar Charts step down on the world map which close up China and text coronavirus on a bar chart.

SNF occupancy hits record low again in January: NIC report

Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center for Seniors Housing & Care. Occupancy fell to a new low of 71.2%, dropping 0.4% below December’s numbers and 13.8% below pre-pandemic levels.

assisted living operators are increasing their charges / rents

Commercial real estate leaders say they’ll have plenty of access to capital in 2021

Commercial real estate investors are confident they’ll be able to get the cash needed to close deals in 2021, according to a recent poll by an investment management software company. Among 142 senior leaders of U.S. commercial real estate investment management firms surveyed, 94% told Juniper Square they plan to fundraise this year and expect…

Beth Burnham Mace headshot

Senior housing investment, income returns increase but remain low: NCREIF

The senior housing sector posted a 0.71% total investment return in the fourth quarter, marking the second consecutive quarter of positive returns since the COVID-19 pandemic pushed returns into negative territory. That’s according to the latest quarterly highlight report from the National Council of Real Estate Investment Fiduciaries. In the second quarter of 2020, total returns were –1%, which marked the first negative total return since 2012 and, prior to that, 2009.

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