June 25th, 2024 Insider
NIC’s Strategic Plan includes objectives to ‘expand the tent’ across five key focus areas – Active Adult, AgeTech, Capital for Operations, Middle Market, and Partnering for Health. Focus Area Committees (FACs) were formed to support these efforts. The AgeTech Committee is led by Chair Michael Kurliand, VP Clinical Quality and…
The Federal Reserve concluded its June 2024 FOMC meeting with a decision to maintain the federal funds rate at its current range of 5.25% to 5.50%, marking the sixth consecutive time the rate has been held steady since July 2023. This decision reflects the Fed’s cautious approach to managing inflation,…
NIC, in conjunction with research partner NORC at the University of Chicago, has completed a four-part research series analyzing the health and wellbeing of senior housing and care residents. The research series paired Medicare claims data with NIC MAP Vision property data to provide a nationally representative survey of the…
NCREIF publishes the most widely used private real estate investment benchmark in the U.S., the “NPI” (NCREIF Property Index), which tracks investment returns of more than 12,000 properties that are held by institutional investors. Seniors Housing is now included as a standalone sector in the NPI, a long awaited and…
The following analysis examines the occupancy distribution among care segments within entrance fee and rental CCRCs in the 99 NIC MAP Primary and Secondary Markets. The analysis also explores the relationship between 1Q 2024 occupancy levels and occupancy growth from 1Q 2022 to 1Q 2024, compared to the same-store asking…