Market Trends | NIC MAP Vision | Senior Housing
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:
Capital for Operations | Senior Housing
By: Jason Zuccari | July 20, 2023
You could say Joe Jedlowski’s (image left) career as a successful senior housing developer and operator really began when he was a 15-year-old working in the kitchen of a skilled nursing facility. Raised by his paternal grandmother in New Jersey, he grew up watching her work at senior housing properties and eventually followed in her footsteps trying his hand at various industry positions.
Market Trends | NIC MAP Vision | Senior Housing
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 | Senior Housing | memory care
By: Omar Zahraoui | June 15, 2023
According to estimates derived from an analysis released by NIC Analytics in 2022, approximately one in nine Americans aged 65 and older, totaling 6.5 million individuals, are affected by Alzheimer’s or other dementias. The analysis further indicated that the prevalence increased with age, with higher ratios observed in older age cohorts. By projecting the findings to 2030, NIC Analytics estimated that around 8.2 million Americans will be living with Alzheimer’s or other forms of dementia just seven years from now. These estimates highlight the importance of providing tailored and innovative care and support to meet the growing demand for specialized memory care services.