Independent Living
Properties that offer independent living services for older adults. For a fee, there is access to meals in addition to housekeeping, social and transportation services.
Properties that offer independent living services for older adults. For a fee, there is access to meals in addition to housekeeping, social and transportation services.
Data from the recently released 4Q 2025 NIC MAP Actual Rate Report showed that: In 4Q 2025, discounts between asking and initial rates widened for the independent living (IL) segment and narrowed for the memory care (MC) segment. For the IL segment, discounts between asking and initial rates averaged 12.1% ($581) in…
Data from the recently released 3Q 2025 NIC MAP Actual Rates Report showed that: For independent living properties, the year-over-year growth in initial rates slowed to 7.6% in September 2025, down from 17.5% in June 2025. Meanwhile, the year-over-year growth in asking rates rose by 0.5 percentage points to 8.2% in September 2025. For assisted living properties, year-over-year rate growth…
The NIC Analytics team presented findings during a webinar with NIC MAP clients on October 9th, sharing key senior housing data trends during the third quarter of 2025. Additionally, Tom Grape, Founder, Chairman & CEO at Benchmark Senior Living and Andy Kohlberg, President & CEO at Kisco Senior Living joined…