‘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...
Recovery ‘very strong’ in senior housing investment, development, expert says
By
Kathleen Steele Gaivin
Oct 22, 2021
Senior housing’s recovery, both in recovering and occupancy, is “a lot to be optimistic about,” Byron Carlock, real estate leader at PricewaterhouseCoopers, told the McKnight’s Business Daily.
Move-ins, operating margins increase for senior living operators: NIC survey
By
Kimberly Bonvissuto
Oct 15, 2021
Senior living move-ins accelerated in the past 30 days due to increased demand, leading to an expectation of an increase in operating margins on the horizon, according to the results of the latest NIC...
Latest senior living stats reason to be ‘cautiously optimistic’ about comeback from pandemic
By
Lois A. Bowers
Oct 08, 2021
The latest NIC MAP quarterly data, released Thursday, provide reasons to be “cautiously optimistic” about the senior living industry’s comeback from the pandemic, National Investment Center for Seniors...
Senior living occupancy inches up in third quarter
By
Lois A. Bowers
Oct 07, 2021
A significant rebound in demand combined with a modest increase in supply contributed to a 1.4 percentage point increase in senior housing (independent living and assisted living combined) occupancy in...
Lender gives reasons to be ‘bullish’ on senior housing and care
By
Kathleen Steele Gaivin
Sep 30, 2021
The senior living sector no doubt has seen pandemic-related challenges, but “the fundamentals of the business are sound,” according to Matthew Ruark, senior vice president of commercial and healthcare...
Individual senior living properties perform about as well as they did a year ago: NIC analysis
By
Kathleen Steele Gaivin
Sep 27, 2021
Last year’s senior living occupancy seems to be an indicator of current performance, according to Beth Burnham Mace, chief economist, and Anne Standish, research statistician, at the National Investment...
HUD awards $143 million in grants for affordable senior housing
By
Kathleen Steele Gaivin
Sep 24, 2021
The grants will go toward development of multifamily construction projects, ongoing project rental assistance for very low-income seniors under the department’s Section 202 Supportive Housing for the...
‘Needs-based character’ makes senior living attractive to investors, expert says
By
Kathleen Steele Gaivin
Sep 22, 2021
Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.
Skilled nursing occupancy has ‘taken a jolt’ as delta variant spreads: NIC survey
By
Kathleen Steele Gaivin
Sep 20, 2021
Skilled nursing occupancy has “taken a jolt” in the past 30 days, according to National Investment Center for Seniors Housing & Care Senior Principal Lana Peck said, citing results of Wave 32 of the...