Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...
Middle class declines, but not necessarily middle-market senior living opportunities
By
Kathleen Steele Gaivin
May 23, 2022
The percentage of middle-income seniors has declined over the past 50 years, according to a new analysis, but those results don’t necessarily mean that there will be fewer middle-market senior housing...
$1 billion record set for mini-perm / bridge loans to senior living: NIC
By
Kathleen Steele Gaivin
May 16, 2022
The issuance of new mini-perm / bridge loans for senior living operators hit a record high of nearly $1 billion in the fourth quarter of 2021, whereas the issuance of permanent senior living loans moderated,...
Omicron, costs, funding loss stalling long-term care recovery, experts say
By
Kathleen Steele Gaivin
May 12, 2022
Many factors are at work to slow long-term care recovery according to panelists at Wednesday’s Leadership Huddle of the National Investment Center for Seniors Housing & Care.
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
12 tips for recruiting and retaining staff members
By
Lois A. Bowers
Mar 28, 2022
At what National Investment Center for Seniors Housing & Care President and CEO Brian Jurutka said was “probably the most important session” at the group’s Spring Conference, four speakers shared...
Life plan community unit absorption rebounds in third quarter: Ziegler
By
Kathleen Steele Gaivin
Nov 04, 2021
After five quarters of negative absorption during the pandemic, life plan community unit absorption not only rebounded in the third quarter but has achieved its strongest pace since the fourth quarter...
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...
Medicare revenue per patient day decline plateaued mid-summer: NIC MAP Vision
By
Kathleen Steele Gaivin
Oct 07, 2021
After a steady decline since January, Medicare revenue per patient day held steady month over month from June through the end of July, at $560, according to market trends data NIC MAP Vision published...
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...