Tag: NIC
Reusing Suburban Corporate Headquarters As CCRCs
I had lunch yesterday with Robert Kramer, Founder and Strategic Advisor of the National Investment Center for the Seniors Housing and Care Industry (NIC). In the course of our conversation, Bob mentioned that National Development and Epoch Senior Living were proposing to develop 130 units of upscale senior housing on the former headquarters of…
Slow 80+ Pop Growth, Elevated Construction Spark Concern For Seniors Housing
Cited In Senior Care Investor Podcast I am republishing this blog post, originally issued in December, 2015, because it was recently cited in a podcast by Steve Monroe, Editor of Senior Care Investor, a well regarded industry newsletter, as being prescient about predicting issues being faced by senior housing and care facilities today. Background I have been…
Immigration and Senior Caregiving Linked
It has been several months since I updated my blog because I have gotten busy serving on the Board of Quality Care Properties (QCP) and with some consulting work. I am also just back from a vacation in Costa Rica about which I hope to soon do a post. An article in today’s (January…
Working Part-Time Post-Retirement Age May Be Good For Your Health
On the page “What Is Retirement” (see link above on the banner of this blog) I propose a new definition for retirement as “The period of one’s life when one shifts from working primarily for the means of earning income to working primarily for the satisfaction of producing a purpose or result while devoting additional…
Staying At-Home With Care Exceeds Cost of A Senior Housing Community
EXECUTIVE SUMMARY Most seniors and their families see the monthly cost of a senior housing facility as much higher than the monthly cost of living at home with family care, or even with part-time or full-time home healthcare. But the math that most seniors and families use to make this comparison assumes no implied cost…
The Cost of Care
Raw Cost of Care The chart below shows the average monthly cost of care for skilled nursing (nursing home), memory care (dementia), assisted living and independent living facilities in the Baltimore/Washington region for 2015. It also shows the cost for 24 hour / 7 day a week home health aide care and 24/7 home…
Ten Takeaways From NIC Conference
The Fall conference of the National Investment Center for the Seniors Housing and Care Industry (NIC – www.nic.org) was held in Washington, DC from September 14 to September 16, 2016. This is the largest industry conference for seniors housing and care. I moderated a panel entitled “Somewhere Over The Rainbow: Where Winning Post Acute Strategies…
UnSenior “Seniors Housing”
Earlier this month I toured The Stories at Congressional Plaza, a new type of “seniors housing” project designed to appeal to seniors as well as those of other ages looking for a high-tech, high-service environment in an urban mixed use setting. The Stories opened in February 2016 and is a joint effort of Federal Realty…
Observations from NIC 25th National Conference
The National Investment Center for Seniors Housing and Care (NIC) http://www.nic.org held its 25th National Conference this week at the Gaylord National Harbor, just south of Washington. I attended the first NIC Conference, which was a much smaller affair at a hotel in Crystal City, also just south of Washington but on the Virginia side of…