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...
Data, analytics increasingly important in senior living
By
Kathleen Steele Gaivin
Oct 20, 2022
Data and analytics are “revolutionizing” senior living, founder and strategic adviser to the National Investment Center for Seniors Housing & Care Robert Kramer wrote Tuesday in a blog post.
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,...
Construction loan closings for skilled nursing increased sixfold in first quarter: report
By
Kathleen Steele Gaivin
Aug 12, 2022
Nursing care saw a sixfold increase quarter over quarter in construction loan closings in the first quarter of 2022, according to the most recent Lending Trends Report published Thursday by the National...
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
‘Two markets’ affecting senior living investments: NIC
By
Kathleen Steele Gaivin
Feb 22, 2023
“It’s a tale of two markets and many influencing factors as we move further into 2023,” National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace wrote Tuesday in a...
Long-term care sees record-level M&A activity
By
Kathleen Steele Gaivin
Jul 21, 2023
Halfway through the year, the long-term care sector “continue[s] to see record-level activity and organizations exploring the benefits of a potential affiliation with another not-for-profit, as well...
Trustwell Living almost doubles in size with addition of 24 communities
By
Kathleen Steele Gaivin
Oct 13, 2023
Trustwell Living has almost doubled the number of communities under its management with the transition and rebranding of 24 communities across Arizona, Indiana, Iowa, Louisiana, Oregon, Texas, Washington...
November sees moderate hiring growth, slowdown in wage growth: ADP
By
Kathleen Steele Gaivin
Dec 08, 2023
Private-sector job growth moderated in November with the addition of 103,000 jobs in the month, according to an ADP National Employment Report Economy Lab released Wednesday. Meanwhile, annual pay rose...
Investors have ‘growing pool’ of senior living opportunities
By
Kathleen Steele Gaivin
Feb 20, 2024
Senior living investors have a “growing pool of opportunities” this year, and they span the risk spectrum, Shashank Goel, assistant vice president in the transactions group at Harrison Street, wrote...