Skilled nursing occupancy hovering around 78 percent
By
Kathleen Steele Gaivin
Oct 03, 2022
Skilled nursing occupancy for July was 78.1%, virtually unchanged from the previous five months, according to a report released last week by the NIC MAP Data Service.
Lead volumes improving, construction lending is increasing: NIC survey
By
Kathleen Steele Gaivin
Nov 19, 2021
Lead volumes are heading toward pre-pandemic levels, and construction lending is on the rise, according to Wave 34 of the Executive Survey released Thursday by the National Investment Center for Seniors...
After months of increases, SNF occupancy slowed in September: NIC report
By
Kathleen Steele Gaivin
Dec 10, 2021
Reversing a seven-month trends, skilled nursing occupancy declined to 75.1% between August and September. That amounted to a 27 basis points downturn, according to the latest Skilled Nursing Monthly...
Senior housing market is ‘tail wagging the dog,’ expert says
By
Kathleen Steele Gaivin
May 24, 2023
“For senior housing, I would characterize the market as the tail wagging the dog,” Aron Will, vice chairman of CBRE, said Tuesday during a National Investment Center for Seniors Housing & Care leadership...
Senior living must boost consumer confidence after pandemic: senior living community exec
By
Kathleen Steele Gaivin
Jun 21, 2021
Senior living operators must look at ways to boost consumer confidence after months of declining occupancy during the pandemic, according to Ken Segarnick, chief corporate officer at New Jersey-based Brandywine...
Loans for new construction bounced back in 4th quarter: NIC
By
Kathleen Steele Gaivin
May 12, 2023
After a sharp decline in the issuance of mini-perm/bridge debt for senior living in the third quarter of 2022 , senior living loans bounced back in the fourth quarter to levels seen earlier in the year,...
‘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...
‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...
NIC: Loan delinquencies still above pre-COVID levels but trend down
By
Kathleen Steele Gaivin
Nov 11, 2022
The number of delinquent loans in the long-term care industry edged down in the second quarter, but delinquencies remain above pre-COVID levels, according to a report released Wednesday by the National...
Skilled nursing demand increasing, but staffing remains issue
By
Kathleen Steele Gaivin
Nov 07, 2022
killed nursing occupancy increased by 48 basis points from July to August to end the month at 78.8%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...