News & Press Releases

Dr. Lawrence Horan Joins NIC as Financial Research & Analysis Director

Press Room – 2007 NIC Press Releases

Dr. Lawrence Horan Joins NIC as Financial Research & Analysis Director

FOR IMMEDIATE RELEASE: June 12, 2007
Contact: Renee Tilton, (410) 626-0805 or rtilton@crosbymarketing.com

Annapolis, Md. – Lawrence J. Horan, Ph.D., has joined the National Investment Center for the Seniors Housing & Care Industry (NIC) as its new financial research and analysis director, as announced today by the nonprofit organization. In this position, Dr. Horan will lead the research efforts of both NIC and its NIC Market Area Profiles (NIC MAP™) data and analysis service, which tracks properties in the nation’s top 100 metropolitan markets.

“With our continued expanded research in NIC MAP, we needed to find someone who possessed the unique combination of a background in economics and real estate with a heavy focus on financial metrics,” said Robert G. Kramer, president of NIC. “I’m pleased to say that with Larry, we have found such an individual. His addition to our team will increase the level of available research most valued by seniors housing and care financiers and providers.”

Dr. Horan came from Parker/Hunter Inc. (now Janney Montgomery Scott), where he was senior vice president and director of the Equity Research Department since 1999. He also spent several years working on Wall Street, where he covered companies in the building materials, construction, real estate, furniture, appliances, lighting, electrical equipment and consumer electronics industries.

In addition, Dr. Horan spent nine years with Prudential Securities as first vice president and senior research analyst, and six years with Smith Barney as vice president and senior building analyst. Prior to that, he was with Equitable Life for nine years as vice president in economic forecasting and investment analysis.

Dr. Horan has received professional recognition from Institutional Investor magazine as an “All-America Team Research Analyst” in seven annual surveys of institutional investors. He received his Doctorate in Economics from Columbia University, specializing in econometrics and finance, and his work in economics has been published in several financial journals. He received a Bachelor of Science in Economics from the University of Santa Clara.

About NIC: Founded in 1991, the National Investment Center for the Seniors Housing & Care Industry is a nonprofit education and research organization providing information about business strategy and capital formation for the senior living industry. NIC is the leading provider of historical and trend data on the industry through its Key Financial Indicators™ (KFIs) that report nationwide statistics and its Market Area Profiles (MAP™) Data and Analysis Service that tracks properties in the 100 largest metropolitan areas. Proceeds from its annual conference are used to fund research on issues of importance to the industry, including data useful to policymakers making decisions about seniors housing and long-term care. For more information, visit www.NIC.org or call (410) 267-0504.

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