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

Behind the Scenes – Inside NIC’s Data Group, Part 2

Last week’s post on NIC’s data group introduced some of the teams and processes involved in collecting the most accurate and reliable data available on America’s seniors housing and care properties. This second half of the story delves into processing and reporting on the data. A team of three full-time analysts is responsible for processing the data from the Quality…
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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 support those discussions. Seniors housing…
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Behind the Scenes – Inside NIC’s Data Group, Part 1

Hundreds of businesses, including capital providers, developers, owners, operators, service providers, and others, rely on the NIC MAP® Data Service as they research, analyze, and assess their markets and prospects across the country. Clients know they can trust the accuracy of the data NIC makes available, as they leverage the ever-expanding utility of NIC’s online platform; but they may be…
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Economy Adds 304,000 Jobs in January

The Labor Department reported that there were a significant number of jobs added in January–304,000 and well above the consensus expectation of 172,000. This was the 100th consecutive month of job growth.  December was revised down to 222,000 from 312,000 and November was revised up to 196,000 from 176,000. The 800,000 Federal workers going unpaid during the partial federal government…
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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 88.0% in the fourth quarter…
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March 14 2024 NIC Insider Newsletter Now Available Read Now »