Safeguarding the overall health of the seniors housing and care industry well into the future is a well-publicized initiative. Nowhere is that more on display than the upcoming Vision 2025 event to be held in Chicago June 19-20. This event will host over 30 colleges and universities, more than 35 seniors housing and care operating companies and key trade associations…
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It’s no secret that the U.S. population of seniors living with dementia is expected to grow in the coming years and thus the demand for memory care (MC) services is expected to increase as well. As a result of anticipated demand, there has been notable growth in memory care units, especially between 2011 and 2016. This has occurred in freestanding…
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NIC MAP® Seniors Housing Rate Tiers
Similar to the intent of “class categorizations” seen across other commercial real estate property types, NIC MAP® has recently developed a “rate tiers” approach to our seniors housing property database that is quantitative and objective, with a goal to further segment our data for our clients. Useful to investors, analysts and senior living operators…
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A key topic of conversation among seniors housing investors and operators is the impact of inventory growth on occupancy rates and the ability to grow rents and revenue. Related to inventory growth are rising costs of construction, which may be one factor influencing a slowing of construction activity. This blog highlights some recent data to support those discussions.
Seniors housing…
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Expanding on a recent
NIC Blog Post that detailed care segment occupancy across the NIC MAP® 99 Primary and Secondary Markets
within Continuing Care Retirement Communities (CCRCs, also referred to as life plan communities) compared with those in non-CCRC freestanding or combined communities, the second installment of this two-part blog post examines the regional occupancy performance of independent living, assisted…
