NIC Notes

Insights in Seniors Housing & Care

Business Environment  |  Economic Trends  |  Market Trends  |  NIC Leadership Huddle  |  Senior Housing

The New Reality: A Conversation about Current Market Trends Affecting Senior Housing

By: NIC  |  May 30, 2023

After facing down a pandemic for three years, the senior housing industry now faces a new reality—some parts good and some not so good.   

NIC MAP Data  |  NIC MAP Vision  |  Senior Housing  |  occupancy

NIC MAP Vision 1Q23 Key Takeaways: Seventh Consecutive Quarter of Senior Housing Occupancy Gains

By: Caroline Clapp  |  May 16, 2023

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

Market Trends  |  NIC Leadership Huddle  |  Senior Housing

Leadership Huddle Highlights Challenges in Senior Housing Market

By: NIC  |  May 15, 2023

NIC recently relaunched its popular Leadership Huddle webinar series to address today’s evolving market conditions. In the first Leadership Huddle webinar of 2023, held on May 2, NIC Chief Economist, Beth Mace, presented the NIC Blue Book, addressing current trends, challenges, and opportunities in the senior housing industry. Mace provided insights on the broader economy, inflation, Fed policy, interest rates, the potential for a recession in the next twelve months, and the current job market.  

NIC MAP Data  |  NIC MAP Vision  |  Senior Housing  |  occupancy

Senior Housing Sector Shows Improvement with Rising Occupancy Rates

By: Omar Zahraoui  |  May 11, 2023

According to intra-quarterly NIC MAP® data, released by NIC MAP Vision, the senior housing all-occupancy rate for the NIC MAP Primary Markets increased to 83.5% in the April 2023 reporting period, up 0.3 percentage points (pps) from the March 2023 reporting period on three-month rolling basis. From its time series low of 77.8% in June 2021, occupancy increased by 5.7pps, as evident in the exhibit below, with 20 of the 22 reporting periods showing positive gains (from June 2021 to April 2023).