NIC Investment Guide EIGHTH EDITION – SEPTEMBER 2026
Rich in fresh data, accurate insights, and in-depth analysis, the NIC Investment Guide is invaluable to anyone within the seniors housing and care property sector or seeking to better understand it.
What’s New in the Eighth Edition
The Eighth Edition reflects the most current data available on the senior housing and care investment market. It includes updated figures on inventory, market capitalization, transaction activity, and investment returns following several years of significant change in the capital markets. It also reflects senior housing’s continued inclusion as a standalone sector within the NCREIF Property Index, a milestone that has increased the sector’s visibility among institutional investors.
The Complete NIC Investment Guide
Get the data and analysis behind today’s senior housing and care investment market, including property-level benchmarks, capital markets insights, transaction activity, investment returns, and more.
PURCHASE THE FULL GUIDE
What’s in the NIC Investment Guide?
The NIC Investment Guide brings together senior housing and care property-level data, capital markets analysis, and operating benchmarks in a single resource, organized around the two audiences who rely on it most: operators managing day-to-day performance and investors evaluating opportunities across the sector. The sections below outline what each group will find inside.
What the Guide Covers for Operators
The guide includes detailed profiles of each community type, including independent living, assisted living, memory care, nursing care, CCRCs (life plan communities), and active adult communities.
Key data includes:
- Resident characteristics
- Market size, supply, and occupancy
- Penetration rates
- Rental rates and asking rent benchmarks
- Industry operating structures
- Operating economics, including net operating income (NOI), operating margins by community type, monthly operating expenditures, replacement reserves, and capital expenditure requirements
- Demographic trends
- Alternative housing and service options
- Factors affecting demand
What the Guide Covers for Investors
Investors will find various sections valuable, including:
- Emerging trends and observations
- Yearly performance snapshots covering expenses, operating margins, and more
- Development, capital spending, construction, and acquisitions
- An overview of debt and equity sources of capital for the seniors housing and care industry
- Valuations, returns, loan performance, and lender underwriting standards
- Lease-up trends by community type, market feasibility, and demand metrics
Why the NIC Investment Guide Matters
Offering meaningful value to new investors and those already active in the space, the NIC Investment Guide serves as a primer on the senior housing and care sector. It extends NIC’s mission to advance the quality and availability of seniors housing and care options for America’s elders through research, education, and increased transparency.
