NIC Notes

Insights in Seniors Housing & Care

Actual Rates  |  Market Trends  |  NIC MAP Vision

3Q2021 NIC MAP Seniors Housing Actual Rates Report Key Takeaways

By: Anne Standish  |  December 21, 2021

Did move-ins continue to outpace move-outs in the third quarter 2021? What were the rate discounting trends by segment? How did asking rates grow on a year-over-year basis? The 3Q2021 NIC MAP® Actual Rates Report, available to NIC MAP subscribers, offers third quarter data trends through September 2021 for actual rates and leasing velocity. We’ve summarized some of the key takeaways from the report below.

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

Recovery in Senior Housing Demand Uneven Across Markets and Properties

By: Beth Mace and Omar Zahraoui  |  December 17, 2021

Since the start of the pandemic, senior housing properties have all experienced wide-ranging pandemic-related challenges, but the depth of the demand contraction has differed across markets. As senior housing demand began to recover in the second quarter of 2021 and registered its strongest increase the following quarter (3Q2021), NIC MAP® data, powered by NIC MAP Vision, shows that certain markets are recovering quickly, while others continue to lag. Due to the skewed pandemic impact the sector has experienced, the demand recovery paths and timelines are proving to be uneven across both markets and properties.

CCRC  |  Market Trends  |  NIC MAP Vision  |  Senior Housing

CCRC Care Segment Performance 3Q 2021

By: Lana Peck  |  November 05, 2021

The following analysis examines current conditions and year-over-year changes in inventory, occupancy, and same-store asking rent growth—by care segments within CCRCs (CCRC segments) compared to non-CCRC segments in freestanding or combined communities to focus a lens on the relative performance of care segments within CCRCs during the third quarter of 2021.

Market Trends  |  NIC MAP Vision  |  Senior Housing

5 Key Takeaways from NIC  MAP 3rd Quarter 2021 Seniors Housing Webinar

By: Beth Mace  |  October 27, 2021

Seniors Housing Market Fundamentals Show Improvement in Demand. NIC MAP Vision clients, with access to NIC MAP® data, attended a webinar in mid-October on key seniors housing data trends during the third quarter of 2021. Findings were presented by the NIC Analytics research team. Key takeaways included the following: