With vaccination rates and occupancy increasing in senior living and care communities, bankers are seeing lending volume increase as well, Brian Heagler, senior vice president at KeyBank, said during a...
‘Small and complex’ senior living and care industry ripe for investors: NIC chair
By
Kathleen Steele Gaivin
Nov 03, 2021
HOUSTON—Despite the “temporary disruption” from the pandemic, market conditions are favorable for investing in senior living and care, Kurt Read, chair of the NIC Board of Directors and managing...
Public-private partnerships system of generating capital is failing SNFs, research says
By
Kathleen Steele Gaivin
Jun 17, 2022
The system of public-private partnerships for generating capital is failing the skilled nursing sector, according to the findings of a newly released research paper commissioned by the National Investment...
Private buyers dominate senior housing transactions in first quarter
By
Kathleen Steele Gaivin
May 03, 2022
Of the $1.2 billion of closed deals in the first quarter of 2022, private buyers represented $877 million, or 76%, of the closed volume, according to data released at a recent webinar hosted by NIC MAP.
Occupancy recovery continues, but rising operating expenses remain a concern: NIC
By
Kathleen Steele Gaivin
Mar 11, 2022
Rising operating expenses may limit the degree to which operating margins will grow in the next six months, according to the latest Executive Survey Insights report, released Thursday by the National Investment...
Lead volumes, move-ins on the rise: NIC
By
Kathleen Steele Gaivin
Jun 28, 2021
Lead volume has increased since the beginning of the year, and the pace of move-ins accelerated in the past 30 days, according to executive survey highlights published Thursday by the National Investment...
Senior housing market likely to rebound from pandemic recession: NIC analysis
By
Kathleen Steele Gaivin
Jun 07, 2021
The senior housing market rebounded during the 2007-09 global financial crisis and is likely to bounce back similarly from the COVID-19 recession, according to side-by-side analyses of the two economic...
Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
Job levels continue to ‘contract’ for skilled nursing facilities: NIC
By
Kathleen Steele Gaivin
Sep 08, 2021
Labor Department data released for August were “disappointing,” according to Beth Burnham Mace, chief economist at the National Investment Center for Seniors Housing & Care.
Economic growth begins to wane
By
Kathleen Steele Gaivin
Aug 31, 2021
Although the United States saw a significant rise in gross domestic product in the second quarter, growth is likely to be much slower in the coming months, according to Beth Burnham Mace, chief economist...