Last week, NIC reached a highly anticipated milestone with the release of an intuitive, user-friendly interface for our NIC MAP® Data Service.
If you’re not familiar with NIC’s data service, NIC MAP is the premier provider of comprehensive market data for the seniors housing and care sector, with data from more than 14,000 properties within 140 U.S. metropolitan markets. Since…
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Setting business strategies for an unclear future continues to challenge many in seniors housing and care. It’s an issue that multiple sessions at the 2017 NIC Spring Investment Forum, March 22–24 in San Diego, CA, will address.
“It begins to sound like a broken record, but for years we’ve been anticipating this vast tidal wave of aging seniors,” said NIC…
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Of the 99 largest metropolitan markets that the NIC MAP® Data Service (NIC MAP) tracks across the nation, 11 are located in California. Within these metropolitan markets, NIC tracks 870 seniors housing properties with 101,000 units, or nearly 12% of the seniors housing units regularly followed within the 99 markets by NIC. By coincidence, this share is comparable to California’s…
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The preliminary 2016 third-quarter data is in, and it shows that transaction volume continues to slow down in 2016. Public buyers, mainly the public REITs, have led the slowdown, as cost of capital increased, and the number of transactions that suit their strategies declined. But on the private side, buyers continued to stay relatively active in the third quarter.
Private…
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Buyer Type Activity in the Second Quarter
As I described in
Part I of this two-part series on transactions volume in the second quarter of 2016, the decrease in transactions volume was due to a decrease in all buyer types: the public type (any publicly-traded company), the private type (not publicly traded, such as a private REIT, single owner, or…
