NIC - McKnight's Senior Living

NIC

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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.

Virtual marketing, remote visits here to stay, senior living and care operators say

Many senior living and care operators have plans to continue offering virtual marketing events and tours, remote visits and other meetings and programs via technology even as in-person events continue to take place post-pandemic, according to data collected from the most recent Executive Survey conducted by the National Investment Center for Seniors Housing & Care.

Skilled nursing occupancy hit new record low of 71.7% in December: NIC

Just as recent efforts to vaccinate long-term care patients and frontline healthcare workers began at the end of December, occupancy at the nation’s skilled nursing facilities reached its lowest level since the National Investment Center for Seniors Housing & Care first began collecting these data in 2012. Census rates for December fell to 71.7%, a decline of 13.3 percentage points since February of last year, according to findings from the NIC MAP Data Service.

SNF investors focus on needs-based model, expect census return by mid-2022

Amid the all-too-frequent headlines of “nursing home deaths,” federal and state deficits, increased competition from home health agencies and historic low occupancy levels while wage pressures continue, some may be wondering how the nursing home industry will emerge from the pandemic. Yet, despite the challenges of the last year, many investors continue to see opportunity in the skilled nursing sector, according to speakers Wednesday at a National Investment Center for Seniors Housing & Care “Leadership Huddle” webinar.

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