NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Senior Housing

NIC SHARK Series: Promising Outlook for Senior Housing with a Call to Action

By: Omar Zahraoui  |  April 11, 2024

NIC SHARK Series: First Segment Report NIC Analytics launched the first segment of the new NIC Senior Housing Analyst Review and OutlooK (SHARK) report series. The NIC SHARK report series is intended to deliver actionable, data-informed insights, and forward-looking perspectives for senior housing capital providers, operators, and developers to prepare for the future and better serve America’s older adults.

CCRC  |  Market Trends  |  NIC MAP Vision

CCRC Performance: Entrance Fee Occupancy Surpasses 90% in 4Q 2023

By: Omar Zahraoui  |  February 29, 2024

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 majority contract type (entrance fee CCRCs vs. rental CCRCs) and compares the distribution of occupancy among different community types and by contract type during the fourth quarter of 2023.

Market Trends  |  NIC MAP Vision  |  Senior Housing

Initial Rate Growth and Discount Strategies in Senior Housing

By: Omar Zahraoui  |  February 29, 2024

The following analysis examines initial rate growth and discounts offered compared to asking rates across all senior housing care segments. Additionally, the analysis explores initial rate growth patterns within select NIC MAP® metropolitan markets reported by NIC MAP Vision.

Market Trends  |  NIC MAP Vision  |  Senior Housing

NIC MAP Vision Fourth Quarter 2023 Key Takeaways: Senior Housing Occupancy Rate Increases for Tenth Consecutive Quarter

By: Caroline Clapp  |  February 01, 2024

The NIC Analytics team presented findings during a webinar with NIC MAP Vision clients on January 18, to review key senior housing data trends during the fourth quarter of 2023.

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