Economic Trends | Market Trends | Senior Housing | Workforce
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
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
Market Trends | Senior Housing | Workforce
By: Lana Peck | March 29, 2017
Defining the Market Area The first segment of this multi-part blog series established that market studies require particular attention as a critical component of the seniors housing development planning process. In this second segment, we’ll touch upon common methodologies, and uncover fine points that can increase the accuracy of a market study.
Market Trends | Senior Housing | Workforce
By: Beth Mace | March 09, 2017
The NIC Map Data Service recently released national benchmark data through year-end 2016 for actual rates and leasing velocity. Key takeaways include: Average initial rates were below average asking rates for both independent living and assisted living properties, with monthly spreads larger for assisted living properties throughout the entire reported period.
