NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Senior Housing

Initial Rate Growth and Discount Strategies in Senior Housing

By: Omar Zahraoui  |  February 29, 2024

The following analysis examines initial rate growth and discounts offered compared to asking rates across all senior housing care segments. Additionally, the analysis explores initial rate growth patterns within select NIC MAP® metropolitan markets reported by NIC MAP Vision.

Market Trends  |  NIC MAP Vision  |  Senior Housing

NIC MAP Vision Fourth Quarter 2023 Key Takeaways: Senior Housing Occupancy Rate Increases for Tenth Consecutive Quarter

By: Caroline Clapp  |  February 01, 2024

The NIC Analytics team presented findings during a webinar with NIC MAP Vision clients on January 18, to review key senior housing data trends during the fourth quarter of 2023.

Market Trends  |  NIC MAP Vision  |  Senior Housing

How Much Future Senior Housing Inventory is Needed to Meet Demographic Demand?

By: Lisa McCracken  |  January 02, 2024

We are all well-aware of the demographic trends unfolding in the U.S. In 2025, the first Baby Boomers will turn 80. Are we prepared for the implications of the aging population and is there enough supply to meet the demand for senior housing & care in the years ahead? Calculations by NIC MAP Vision project the need for an additional 200,000 senior housing units by 2025.