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

Deep Dive: Memory Care Performance in the Primary Markets

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 memory care properties as well as in properties that offer […]

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Game Changer! NIC MAP® Introduces Rate Tiers

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, […]

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An Update: Seniors Housing Construction and Cost Trends

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 […]

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

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

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Seniors Housing Penetration Rates: Variation over Time, Variation Across Metropolitan Markets

Penetration rates vary across markets and across time.  Some of the variation may be due to differing demand factors such as population and household growth and size, consumer preferences, familiarity and comfort with the product, changes in the composition of inventory, and cultural influences. This blog post explores some of this variation. The chart above […]

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