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

Five Key Takeaways from NIC’s Third Quarter 2018 Seniors Housing Data Release

NIC MAP® Data Service clients attended a webinar in mid-October on the key seniors housing data trends during the third quarter of 2018.  Key takeaways included the following: Takeaway #1:  Seniors Housing Occupancy Unchanged, but Remains Soft The all occupancy rate for seniors housing, which includes properties still in lease up, was unchanged from the […]

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Rent Discounts Continue as In-Place Rate Growth Accelerates

The NIC MAP Data Service recently released national benchmark data through mid-year 2018 for actual rates and leasing velocity.  Key takeaways include: Average initial rates at the time of resident move in were below average asking rates for both majority independent living and majority assisted living properties, with monthly spreads larger for majority assisted living […]

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Seniors Housing Inventory Growth–A Lot or Not So Much–Some Perspective

First-quarter data showed continued downward pressure on occupancy rates, with assisted living occupancy falling to its lowest level since NIC began reporting data in 2006—85.7%.  A broader measure, the occupancy rate for all of seniors housing (independent and assisted living) for the 99 Primary and Secondary markets tracked by the NIC MAP® Data Service, had […]

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