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

NIC MAP Introduces New Feature: Trade Area Search by Drive Times & Traffic Flows

The NIC MAP Data Service recently unveiled its latest product enhancement to the NIC MAP Local Property Search tool as it introduced a new class of trade areas based on drive time or driving distance from a seniors housing, skilled nursing property or targeted location.  Drive-time analysis allows a user to customize a trade area […]

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NIC Skilled Nursing Data: Downward Pressure on Occupancy Continues

Key Takeaways from the Third Quarter 2017 Report NIC has just released its third quarter 2017 Skilled Nursing Data Report, which includes key monthly data on skilled nursing metrics from October 2012 through September 2017. The current report is based on data collected monthly, but reported quarterly, from approximately 20 operators and 1,500 properties.  The […]

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U.S. economy created 228,000 jobs in November 2017

The Labor Department reported that there were 228,000 jobs created in the U.S. economy in November.   This was above the consensus expectation of 200,000 jobs.  This marked the 86th consecutive month of positive job gains for the U.S. economy.  Revisions were minimal, adding 3,000 jobs to the prior two months. Health care added 30,000 jobs […]

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CCRC/LPC Market Trends: 3Q2017

As the seniors housing and care industry’s leading data provider, NIC tracks occupancy, rental rates, supply and construction data for independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRCs)/life plan communities (LPCs). Through the NIC MAP® client portal, subscribers have access to robust web-based tools and reports, including market-level summaries […]

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Seniors Housing Annual Total Returns Continue to Outpace Other Commercial Real Estate

Returns Strong. Third-quarter investment return data for the NCREIF-reported seniors housing properties equaled 2.73%, composed of a 1.38% capital return and a 1.36% income return. The annual total return through the first quarter of 2017 was 12.72%, overshadowing the NCREIF Property Index (NPI) result of 6.89% and the apartment result of 6.22%. However, industrial total […]

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