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

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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How Have Seniors Housing and Care Segments Performed Since the Recent Market Cycle Peak?

Seniors housing is a multifaceted property type in commercial real estate, in part, because it is comprised of several different housing and care products designed to meet the diverse needs and desires of the older consumer. Product segments range from independent living, which focuses on hospitality and lifestyle services for healthy, active seniors, to assisted […]

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NIC Expands Scope of Boot Camp for New Dealmakers

Registration now open Back by popular demand, the 2018 NIC Seniors Housing Boot Camp, The Art of Assessing a Deal, will be held Wednesday, October 17 from 10:00 am – 2:00 pm at the Hyatt Centric Chicago. Boot Camp is an interactive workshop for professionals looking to familiarize themselves with the unique aspects of investing […]

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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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