NIC MAP - McKnight's Long Term Care News

NIC MAP

Michael Hargrave, Vice President, NIC MAP

June Super Tuesday webinar to focus on ‘tips and traps’ in obtaining capital

A McKnight’s Super Tuesday webcast on June 11 will present the latest on capital availability, occupancy data, rent levels, payment growth notes, and more for senior care operators. There is no cost for attendees to register or earn the accompanying continuing education credit. The session will feature chief market and data strategist Michael Hargrave, VP of the NIC MAP service. It will be moderated by McKnight’s Editorial Director John O’Connor. “Capital Update: Key issues to watch” is sponsored by GE Capital and will start at 1 p.m. ET.

Occupancy rates remain stable in eldercare facilities, data shows

Second quarter occupancy rates in the seniors housing sector remained identical to a year ago – 88%. But rent growth showed a slight improvement, according to data released Wednesday by the National Investment Center for the Seniors Housing & Care Industry.

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