The NIC MAP® Data Service recently released national monthly data through March 2019 for actual rates and leasing velocity. The NIC Actual Rates initiative is driven by the need to continually increase transparency in the seniors housing sector and achieve greater parity to data that is available in other real estate asset classes. Having access to accurate data on the…
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NIC MAP® Data Service clients attended a webinar in mid-April on the key seniors housing data trends during the first quarter of 2019. Key takeaways included the following:
Takeaway #1: Seniors Housing Occupancy Was Largely Unchanged, but Remained Soft in Q1 2019
Based on the quarterly patterns of inventory and absorption, the all occupancy rate for seniors housing, which includes…
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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 properties throughout the entire reported…
Topics:
Absorption,
Data,
Inventory,
Nic Map,
Occupancy,
Quarterly Report,
Research,
Senior Living,
Seniors Housing,
Transaction Volume,
TransactionsNIC MAP® Data Service clients attended a webinar in mid-July on the key seniors housing data trends during the second quarter of 2018. Key takeaways included the following:
Takeaway #1: Seniors housing occupancy fell to 87.9%
The all occupancy rate for seniors housing, which includes properties still in lease up was 87.9% in the second quarter, down 40 basis points…
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As the seniors housing and care industry’s leading data provider, NIC tracks occupancy, asking rents, demand, supply and construction data for independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRCs)/life plan communities (LPCs). The following narrative describes CCRC/LPC occupancy and supply and demand trends in the combined primary and secondary markets, which represent the aggregate…
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