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

Initial Move-in Rates for Independent Living Fall Below Year-Earlier Levels in Q4 2017

 The NIC Map Data Service recently released national benchmark data through year-end 2017 for actual rates and leasing velocity.  Key takeaways include: Average initial move-in rates were below average asking rates for both independent living and assisted living properties, with monthly spreads larger for assisted living properties throughout the entire reported period. As of December […]

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How to Boost Market Performance and Penetration Rates

As 2018 continues to unfold, construction pipelines are expected to remain full.  Near-record low occupancy levels in assisted living will remain tested, while occupancy pressures will grow in independent living as well. In markets today with an unfavorable supply/demand imbalance, growing demand penetration rates could help offset supply pressures. So, how can operators grow their […]

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Five Key Takeaways from NIC’s Fourth-Quarter 2017 Seniors Housing Data Release

NIC MAP® Data Service clients attended a webinar earlier this month on the key seniors housing data trends during the fourth quarter of 2017. Key takeaways included the following. Takeaway #1:  Seniors housing occupancy was unchanged at 88.8% The all occupancy rate for seniors housing, which includes properties still in lease up, was 88.8% in the […]

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Memory Care Market Trends: 3Q2017

As the seniors housing and care industry’s leading data provider, NIC tracks occupancy, rental rates, supply and construction data for independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRCs)/life plan communities (LPCs). Through the NIC MAP® client portal, subscribers have access to robust web-based tools and reports, including market-level summaries […]

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NIC Skilled Nursing Data: Downward Pressure on Occupancy Continues

Key Takeaways from the Third Quarter 2017 Report NIC has just released its third quarter 2017 Skilled Nursing Data Report, which includes key monthly data on skilled nursing metrics from October 2012 through September 2017. The current report is based on data collected monthly, but reported quarterly, from approximately 20 operators and 1,500 properties.  The […]

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