NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

Understanding Your Market Study Part 3: Conducting a Desktop Competitor Analysis

By: Lana Peck  |  May 26, 2017

The first segment of this multi-part series established that market studies are a critical component of determining whether a proposed seniors housing property is an attractive investment opportunity. The second segment touched on maximizing accuracy in defining a market area. And the third segment discussed quantifying and qualifying the competitive environment.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

The Northeast’s Seniors Housing Market

By: Beth Mace  |  May 10, 2017

In recent blog posts, I’ve given you a “deep dive” into the seniors housing markets in the Southeast, California and Texas. Today, I’ll provide a high level look at the seniors housing market in the Northeast. For an even deeper dive, check out the original article in the May edition of the NIC Insider Newsletter. The Economy. There are six large metropolitan markets among the 31 NIC MAP® Primary Markets in the Northeast. They include Baltimore, Boston, New York, Philadelphia, Pittsburgh and Washington, D.C.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

Six Key Takeaways from NIC’s First-Quarter Seniors Housing Data Release

By: Beth Mace  |  April 21, 2017

This week, NIC MAP® Data Service clients attended a webinar on the seniors housing market trends during the first quarter of 2017. Key takeaways included:

Market Trends  |  Senior Housing  |  Workforce

Understanding Your Market Study: Part 3

By: Lana Peck  |  April 19, 2017

Conducting a Desktop Analysis of the Competition When conducting a market study competitor analysis, many tools and sources of public information are available right from your desktop. The task may seem overwhelming, especially if the market is highly competitive. But here are some best practices to follow: Know what you are looking for Consider why the information is available Think like a prospective resident Organize a collection plan