NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Seniors Housing

NIC MAP Vision Expands Ability to View Competition Across the Nation

By: Lana Peck  |  April 16, 2021

NIC’s recent acquisition of VisionLTC and creation of NIC MAP Vision integrates the market-leading NIC MAP® Data Service with VisionLTC’s best-in-class data for investors, owners, and operators to provide significantly deeper and broader data for industry stakeholders.

COVID-19  |  Market Trends  |  NIC MAP Vision  |  Seniors Housing

Did Seniors Housing Occupancy Declines Vary by Operator Size in 2020?

By: Beth Burnham Mace and Anne Standish  |  March 31, 2021

A lot of attention has been paid to the occupancy challenges that seniors housing operators have faced since the COVID-19 pandemic began in early 2020. This blog focuses on the impact of the pandemic on occupancy by operator size. We conclude that single-property operators generally saw smaller occupancy declines during 2020 than very large operators. New supply, as well as pandemic-related changes in the rates of move-ins and move-outs, contributed to this disparity.

Market Trends  |  Seniors Housing

Seniors Housing Annual Total Investment Returns Improve in Fourth Quarter 2020, but Remain Low

By: Beth Mace  |  March 22, 2021

The total investment return for the seniors housing sector was a positive 0.71% in the fourth quarter of 2020. This marked the second consecutive quarterly gain after one quarter of negative returns in the second quarter of 2020 when total returns were negative 1.00%; that marked the first negative total return since 2012 and prior to that in 2009.

Market Trends  |  NIC Fall Conference  |  Seniors Housing

Middle-Market Model Requires Creative Approaches

By: NIC  |  January 12, 2021

The senior living market faces a new reality. The economic fallout of the pandemic has put pressure on the affordability of many communities. Elders who previously had the resources to move into a community may no longer be able to do so, expanding the already large group of seniors with modest incomes in need of housing. At the same time, more middle-income seniors are drifting into the low-cost end of the market.

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