NIC Notes

Insights in Seniors Housing & Care

CCRC  |  NIC MAP Vision  |  Senior Housing  |  Skilled Nursing

4Q 2020 CCRC Care Segment Performance Leads Non-CCRCs

By: Lana Peck  |  February 03, 2021

As the leading data provider for the seniors housing and care sector, the NIC MAP® Data Service (NIC MAP) tracks occupancy, asking rents, demand, inventory, and construction data for independent living, assisted living, memory care, nursing care, and continuing care retirement communities (CCRCs), also referred to as life plan communities. This data is collected for more than 15,000 properties across 140 metropolitan areas. NIC MAP currently tracks 1,208 not-for-profit and for-profit entrance fee and rental CCRCs in these 140 combined markets (1,137 in the 99 combined Primary and Secondary Markets).

Economic Trends  |  NIC MAP Vision  |  Senior Housing

Deal-Making Likely to Strengthen in 2021

By: NIC  |  February 02, 2021

It may take a while before the transaction process itself returns to normal.

COVID-19  |  Executive Survey Insights  |  Senior Housing

Closely Watched ‘Executive Survey Insights’ “Balances the Narrative”

By: NIC  |  January 29, 2021

As we enter a new year, NIC’s Executive Survey Insights is, at the time of this writing, entering it’s twenty-first ‘wave,’ the results of which will be posted right here, on February 11. The report for Wave 20 just posted here on NIC Notes this week. Looking back, it’s possible to see just how closely the survey’s results have mirrored the reality experienced by so many across the industry, and to appreciate the value of this unique tool, as leaders focus anew on navigating an uncertain future.

COVID-19  |  Executive Survey Insights  |  Senior Housing

Executive Survey Insights | Wave 20: January 11 to January 24, 2021

By: Lana Peck  |  January 28, 2021

“A compelling departure from recent surveys, significantly fewer respondents in the Wave 20 survey cited resident or family member concerns as a reason for slower pace of move-ins and/or faster pace of move-outs the past 30-days—and notably fewer survey respondents cited a slowdown in leads conversions/sales. The CDC reports that more than 2.7 million doses of the COVID-19 vaccine had been administered as of January 26 to residents in nursing care, assisted living communities, and other senior living settings. According to Wave 20 survey respondents, four out of five organizations have had their first clinic. Of those organizations, on average, two-thirds of residents (66%) and nearly one-half of staff (47%) have received the first dose of the vaccine, and nine out of ten respondents anticipate that all residents willing to take the vaccine will be vaccinated within two months. More consumers having access to the vaccine in an environment where infection mitigation is the highest priority may encourage prospective residents to move in and improve future occupancy rates.”