NIC Notes

Insights in Seniors Housing & Care

CCRC  |  Market Trends  |  Seniors Housing

CCRC Market Trends: 3Q 2019

By: Lana Peck  |  November 25, 2019

As the seniors housing and care industry's leading data provider, NIC tracks occupancy, asking rents, demand, supply, and construction data for independent living, assisted living, memory care, skilled nursing properties—and both for-profit and nonprofit continuing care retirement communities (CCRCs, also known as life plan communities). The following narrative describes CCRC occupancy as of the third quarter 2019, supply and demand, asking rent growth, and construction trends in the combined primary and secondary markets,

Market Trends  |  Seniors Housing

Current Occupancy Performance Patterns of Older Seniors Housing Markets May Surprise You

By: Lana Peck  |  November 13, 2019

Seniors housing properties are aging, and senior consumer tastes are changing. Strong inventory growth in recent years has brought to market new competition for existing buildings—most built prior to the Great Recession. Which markets have the oldest and newest seniors housing stock? Is there a “sweet spot” in terms of building age and occupancy performance? And, what are some of the factors that contribute to strong occupancy in older buildings?

CCRC  |  Economic Trends  |  Market Trends  |  Workforce

Continuing Care Retirement Communities, Part 2: Regional Occupancy Performance, Entrance Fee vs. Rental Payment Models

By: Lana Peck  |  January 30, 2019

Expanding on a recent NIC Blog Post that detailed care segment occupancy across the NIC MAP® 99 Primary and Secondary Markets within Continuing Care Retirement Communities (CCRCs, also referred to as life plan communities) compared with those in non-CCRC freestanding or combined communities, the second installment of this two-part blog post examines the regional occupancy performance of independent living, assisted living, memory care and nursing care segments within and across entrance fee and rental CCRCs.