‘Release: “NIC Investment Guide 2010” Provides Primer for Investing in Seniors Housing and Care Properties

September 28, 2010

Press Release

Press Room – 2010 NIC Press Releases

‘NIC Investment Guide 2010’ Provides Primer
for Investing in Seniors Housing & Care Properties

FOR IMMEDIATE RELEASE: September 28, 2010
Contact: Renee Tilton, (410) 626-0805 or rtilton@crosbymarketing.com

Annapolis, Md. – Investors new to the sector or looking to invest in the seniors housing and care industry now have a fundamental resource at their disposal: the “NIC Investment Guide 2010: Investing in Seniors Housing & Care Properties.” The report, produced by the National Investment Center for the Seniors Housing & Care Industry (NIC), provides an extensive primer to understanding the unique investment characteristics of this growing sector, including time series data for the last five years.

“The Investment Guide is at the heart of NIC’s mission to facilitate informed investment decisions and provide transparency for the sector,” said Robert Kramer, president of NIC. “We went to great lengths to identify all the areas that investors, especially those new to seniors housing, would need to better understand our industry.” Property types covered are independent living, assisted living and nursing care. Information is also given on memory care and continuing care retirement communities.

The core of the report provides the industry’s first overview of its investment characteristics, including:

  • Size and scope of the sector
  • Details on services provided by property types
  • Operating fundamentals, including occupancy rates, returns, rent growth and loan performance
  • Resident profiles
  • Expense profiles
  • Development in the sector and active capital sources
  • Comparisons with other commercial real estate classes
  • Information on health reform
  • General legal requirements

“This report is unprecedented in that it speaks to all the relevant factors for investors wanting to get oriented to seniors housing and care,” said Ray Braun, managing member, Prospects Advisory Group, who was also task force chair for the report. “It also takes advantage of the culmination of work that’s gone into developing NIC MAP, which is the industry’s leading data provider of key operating statistics. Because of MAP, we were able to include actual time series data to demonstrate the sector’s performance over a five-year period for the 31 largest metropolitan markets.”

“When you look at these trends, the numbers speak for themselves, in that seniors housing has performed head and shoulders above other commercial real estate asset classes during the economic downturn,” said Chuck Harry, NIC research director. “It shows how the dual components of real estate and needs-driven services give seniors housing and care properties a unique resiliency, making them worthy of serious consideration for any portfolio.”

“There’s no question that the Investment Guide is a landmark report in that it shows just how far the seniors housing and care industry has come,” added Kevin McMeen, co-founder of MidCap Financial and president of Real Estate Lending, and NIC Board chair. “Because it is so comprehensive, the Guide also has real value to investors already active in the space. Not only is the data in the report reliable, but the information can provide an important context to help evaluate investment risks and returns.”

The “NIC Investment Guide 2010” is available for $250. To order, visit www.NIC.org or call NIC at (410) 267-0504.

About NIC

Founded in 1991, the National Investment Center for the Seniors Housing & Care Industry (NIC) 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 NIC Market Area Profiles (NIC MAP®) Data and Analysis Service that tracks quarterly more than 12,000 properties in the 100 largest metropolitan markets. Proceeds from its annual conference are used to fund research on issues of importance to the industry. For more information, visit www.NIC.org or call (410) 267-0504.