NIC Notes

Insights in Seniors Housing & Care

Business Environment  |  COVID-19  |  Economic Trends  |  Market Trends  |  NIC MAP Vision

Assisted Living Demand Bouncing Back Relatively Swiftly

By: Beth Mace and Omar Zahraoui  |  March 17, 2022

The pandemic disruption in all its forms continues to test and challenge the senior housing sector. But the level of agility, preparedness and responsiveness among senior housing operators has never been higher and remains a tailwind for senior housing demand, as measured by the change in occupied stock. In this analysis, we examine the drop and subsequent recovery in the level of occupied units by majority property type since the pandemic began to influence the senior housing sector, over the period from 1Q 2020 to 4Q 2021, and across the 31 NIC MAP Primary Markets and the 68 NIC MAP Secondary Markets Aggregates.

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

Senior Housing Proves Resilient Despite Omicron, with Stabilized Occupancy Unchanged in February 2022

By: Omar Zahraoui  |  March 10, 2022

Despite the headwinds created by the Omicron surge and the consequential staffing crisis, senior housing stabilized occupancy for the NIC MAP® Primary Markets held its ground in February 2022. This was also the case in September 2021 when occupancy withstood the Delta surge and was unchanged from August 2021.

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Continued Slow Recovery in December

By: Bill Kauffman  |  March 03, 2022

“The Omicron variant has challenged the skilled nursing recovery given the staffing shortages around the country as skilled nursing properties are unable to hire enough staff to admit more residents.” - Bill Kauffman NIC MAP® data, powered by NIC MAP Vision, released its latest Skilled Nursing Monthly Report on March 3, 2022. The report includes key monthly data points from January 2012 through December 2021.

Market Trends  |  NIC MAP Vision  |  Senior Housing

Asking Rates Grow: Takeaways from 4Q2021 NIC MAP Actual Rates Report

By: Anne Standish  |  March 01, 2022

Curious about what happened with asking rates and actual rate discounting in 2021 or how move-in patterns differed by care segment? Then read on for key takeaways from the recently released 4Q2021 NIC MAP® Seniors Housing Actual Rates Report, available to NIC MAP® subscribers.