NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  occupancy

Senior Housing Occupancy: A Tale of Recovery and Rank Reversals

By: Omar Zahraoui  |  November 09, 2023

NIC MAP Vision released October 2023 intra-quarterly data on November 9, 2023. The following NIC analysis highlights the ongoing occupancy recovery overall and includes market-level insights from the data.

Market Trends  |  NIC MAP Vision  |  Senior Housing  |  occupancy

Narrowing Gap in Senior Housing Stabilized and All Occupancy Rates Reflects Competition Between New and Existing Properties

By: Omar Zahraoui  |  June 08, 2023

The senior housing stabilized occupancy rate for the NIC MAP Primary Markets edged up to 84.7% in the May 2023 reporting period, up 0.1 percentage points (pps) from the April 2023 reporting period on a three-month rolling basis, according to intra-quarterly NIC MAP® data, released by NIC MAP Vision. From its pandemic record low of 80.3% in June 2021, senior housing stabilized occupancy increased by 4.4pps but remained 4.7pps below pre-pandemic March 2020 levels of 89.4%.

Market Trends  |  Senior Housing  |  occupancy

NCREIF Report 1Q23: Positive Total Return in Senior Housing

By: Caroline Clapp  |  June 06, 2023

The senior housing sector posted a total return of 0.11% in the first quarter of 2023, up from a decline of -0.88% total return in the prior quarter. Short-term total returns for senior housing outperformed the broader NPI, which posted a total return of -1.81% in the first quarter. Positive income returns for senior housing were partially offset by negative appreciation,

NIC MAP Vision  |  Skilled Nursing  |  medicaid  |  medicare  |  occupancy

Skilled Nursing Occupancy Growth Stalled in March

By: Bill Kauffman  |  June 01, 2023

NIC MAP Vision released its latest Skilled Nursing Monthly Report on June 1, 2023. The report includes key monthly data points from January 2012 through March 2023.