NIC Notes

Insights in Seniors Housing & Care

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.

CCRC  |  Economic Trends  |  Market Trends  |  Senior Housing  |  Skilled Nursing  |  Workforce

Continuing Care Retirement Communities: Regional Occupancy Performance, Part 1

By: Lana Peck  |  January 09, 2019

Expanding on a recent NIC blog post that detailed care segment performance in the NIC MAP® 31 Primary Markets since the most recent Q42014 market cycle peak, and another blog post that went a step further and examined segment market fundamentals within Continuing Care Retirement Communities (CCRCs, also referred to as life plan communities) compared with those in non-CCRC freestanding or combined communities, the following narrative describes 3Q2018 CCRC occupancy aggregated from the NIC MAP Primary and Secondary Markets—99 of the nation’s largest core-based statistical areas (CBSAs), broken out across eight regions.

CCRC  |  Economic Trends  |  Market Trends  |  Skilled Nursing

Apples to Apples: How have CCRC care segments performed since the recent market cycle peak compared to freestanding and combined care segments?

By: Lana Peck  |  October 24, 2018

Expanding on a recent blog post that detailed care segment performance in the Primary Markets since the most recent market cycle peak that was reached in the fourth quarter of 2014 for the seniors housing and care segments, this analysis goes a step further by  considering the market fundamentals of segments within continuing care retirement communities (CCRC segments), compared to non-CCRC segments in freestanding or combined communities. Also referred to as life plan communities, CCRCs offer multiple care segments (at minimum independent living and nursing care) typically by a single provider on one campus, and this analysis breaks the segments apart from the CCRC community type that NIC includes under the main category of Seniors Housing.

Economic Trends  |  Market Trends  |  Regulatory Environment  |  Senior Housing  |  Skilled Nursing  |  Workforce

How Have Seniors Housing and Care Segments Performed Since the Recent Market Cycle Peak?

By: Lana Peck  |  August 22, 2018

Seniors housing is a multifaceted property type in commercial real estate, in part, because it is comprised of several different housing and care products designed to meet the diverse needs and desires of the older consumer. Product segments range from independent living, which focuses on hospitality and lifestyle services for healthy, active seniors, to assisted living for residents who are not fully independent and need help with daily activities, to memory support and nursing care units, which provide residents round-the-clock licensed, supervised medical care.  Any of these product segments may be found as a stand-alone building, and they are frequently combined in one or two buildings or clusters of buildings to form a campus of continuing care.

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