NIC | CARES BLOG
A place for connections, analysis, research, and education on seniors housing and care

NEW: NIC MAP’s New Employment and Wage Data Report

I’m excited to tell you about new reports that have been launched on our NIC MAP® web client platform.  Called the NIC MAP Bureau of Labor Statistics Employment and Wage Reports, they aim to help our clients assess and benchmark local labor pools and wage rates. More specifically, the reports provide metropolitan area, state and […]

Topics: Data, Labor
Read Post ›

Understanding Your Market Study Part 3: Conducting a Desktop Competitor Analysis

The first segment of this multi-part series established that market studies are a critical component of determining whether a proposed seniors housing property is an attractive investment opportunity. The second segment touched on maximizing accuracy in defining a market area. And the third segment discussed quantifying and qualifying the competitive environment. Concluding the third segment […]

Read Post ›

Q1 2017 Transactions Update: Portfolio Deals Drive Volume Gains

 Q1 2017 Transactions Update: Portfolio Deals Drive Volume Gains This blog is a follow-up to the preliminary transactions data from last month’s post.  Here is the latest data as of Q1 2017. Transaction Dollar Volume Increases Transactions volume for seniors housing and care registered $4.6 billion in Q1 2017. Seniors housing had a strong quarter, […]

Read Post ›

Institutional Buyers Drive Transaction Volume Increase

The preliminary data for seniors housing and care Q1 2017 transactions volume showed a significant uptick from the prior quarter. Volume totaled $4.4 billion in the first quarter. The increase in volume was mainly driven by the public REIT divestitures and the institutional players, namely Blackstone, stepping in to acquire properties. The first quarter of […]

Read Post ›

Six Key Takeaways from NIC’s First-Quarter Seniors Housing Data Release

This week, NIC MAP® Data Service clients attended a webinar on the seniors housing market trends during the first quarter of 2017.  Key takeaways included: Takeaway #1:  Occupancy Fell in the First Quarter The occupancy rate for seniors housing properties fell 30 basis points in the first quarter of 2017 to 89.3%, as net additions […]

Read Post ›