NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Senior Housing

NIC MAP Vision 2Q23 Key Takeaways: Eighth Consecutive Quarter of Senior Housing Occupancy Gains

By: Caroline Clapp  |  August 01, 2023

NIC MAP Vision clients, with access to NIC MAP® data, attended a webinar in mid-July on key senior housing data trends during the second quarter of 2023. Findings were presented by the NIC Analytics research team. Key takeaways included the following:

Market Trends  |  NIC MAP Vision  |  Senior Housing

New Metric: Absorption-to-Inventory-Growth Ratio for Senior Housing Reached New High in 2Q 2023

By: Omar Zahraoui  |  July 06, 2023

Strong Demand Has Provided a Stable Foundation for Senior Housing Occupancy Recovery. According to second quarter 2023 NIC MAP® data, released by NIC MAP Vision, senior housing demand, as measured by the change in occupied units, continued to outpace new supply, marking its ninth consecutive quarter of growth with a net

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Increased Slightly in April 2023

By: Bill Kauffman  |  June 29, 2023

NIC MAP Vision released its latest Skilled Nursing Monthly Report on June 29, 2023. The report includes key monthly data points from January 2012 through April 2023.

CCRC  |  Market Trends  |  NIC MAP Vision

CCRC Performance 1Q 2023: A Deep Dive into Entrance Fee vs. Rental CCRCs

By: Omar Zahraoui  |  June 22, 2023

The following analysis examines occupancy and year-over-year changes in inventory, and same-store asking rent growth—by care segment—within entrance fee CCRCs and rental CCRCs in the 99 combined NIC MAP Primary and Secondary Markets. The analysis also explores the recovery of regional occupancy rates by payment type (entrance fee CCRCs vs. rental CCRCs) as well as the distribution of occupancy rates by payment type across all care segments during the first quarter of 2023.