Individuals can also purchase
NIC market level data via the Seniors Housing and Care Market Performance report.
«The report summarizes data gathered from a variety of sources, including
our NIC Market Area Profiles (NIC MAP ®) data and analysis service and from McGraw - Hill Construction, as well as through additional verification at the local level.»
But all of this changed last summer via a new online database called
the NIC Market Area Profiles (MAP), the industry's first significant accumulation of seniors housing data for the nation's top 30 metropolitan statistical areas (MSAs).
Partners also receive numerous additional benefits, including, but not limited to: premier meeting space at NIC's major events; company logo placement on NIC event signs and banners; exclusive invitations to NIC events and receptions; recognition and logo inclusion on
NIC marketing communications; ads in the NIC Insider e-newsletter, web pages and other key locations; as well as a NIC MAP Industry Trends subscription.
Not exact matches
The report data was collected through the non-profit's
NIC MAP data analysis service, which tracks more than 12,600 properties on a quarterly basis in the 100 largest metropolitan
markets.
Beth Burnham Mace serves as chief economist and director of capital
markets outreach with the National Investment Center for Seniors Housing and Care (
NIC.)
The
market has experienced strong levels of absorption, however, says Mike Hargrave, vice president at
NIC.
The seniors housing
market continued its recovery in the third quarter of 2011, even while overall construction activity continued to decline, according to
NIC MAP, a data analysis service of the National Investment Center for the Seniors Housing...
EA: I use platforms such as
NIC MAP ® Data Service to fnd on -
market senior housing opportunities and then go into RPR Commercial to see how suitable the areas are around them from a demographic / economic standpoint.
Through the efforts of
NIC and others, there is greater transparency and understanding of the sector, including supply and demand
market fundamentals.
In the fourth quarter of 2017, the national occupancy rate — based on aggregated data from 31
markets — averaged 88.8 percent, down 70 basis points year - over-year, according to the National Investment Center for Seniors Housing & Care (
NIC).
«Given the new supply that has come into the
market, it makes sense that competition would be rearing its head more now than a few years ago,» says
NIC Chief Economist Beth Burnham Mace.
The sector's national occupancy rate, based on aggregate statistics from 31
markets, held at 88.8 percent last quarter, according to
NIC.
NIC, a non-profit 501 (c)(3) organization dedicated to enabling access and choice in the seniors housing industry, created the industry - leading seniors housing data product (
NIC MAP ©) that provides visibility on the collective
market fundamentals of nearly 8,000 communities and almost one million seniors housing units in the United States.
Based in Chicago, McMeen recently spoke with
NIC about the changing debt
market and its impact on the future of seniors housing.
Of the 99 largest metropolitan
markets that the
NIC MAP ® Data Service (
NIC MAP) tracks across the nation, 11 are located in California.
Kramer says the
NIC data suggest a slow, steady climb in asking rents amidst a plateauing senior housing and care
market across many regions of the country.
Also check out the
NIC blog for our 2017 series of posts about
market studies.
Among the 31
NIC MAP ® Primary
Markets, four reached near - record high occupancy rates for majority independent living properties in the first quarter of 2017 — Seattle, St. Louis, Chicago and Dallas — while two reached record lows — Houston and San Antonio.
«
NIC's unique, trusted position in the seniors housing and care ecosystem has enabled it to establish 10 years of trended
market fundamentals data, the most accurate and longest data set available in the space.
Unlike the KFIs, which track national aggregate data,
NIC MAP is a subscription - based service that tracks operating and performance metrics in the top 100 metro
markets.
«We're excited to advance
NIC's
market outreach and analytics through Lana's insights, know - how, and contributions to our various data initiatives, programming for the two
NIC conferences, and publications, such as the
NIC Insider Newsletter,
NIC MAP ® Insights, and the blog.»
In future editions of the
NIC Insider, I will drill down into common methodologies and the nuances of each step in the
market study process.
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.
In the «Slow Seniors Housing Lease - Ups & Increased Competition» session at the 2017
NIC Spring Investment Forum, March 22 — 24 in San Diego, experts will shed some light on how they've generated success in competitive
markets — and give insight into why some properties fare well while others do not.
«The sustained competitive
market conditions across the metropolitan
markets likely contributed to the deceleration in the same store asking rent growth,» said Chuck Harry,
NIC's chief of Research & Analytics.
Established in 2004,
NIC MAP creates transparency for seniors housing and care by offering accurate, unbiased and actionable
market - level data on all of the sector's property types and care segments including independent living (IL), assisted living (AL), memory care (MC) and nursing care (NC).
The following table shows the 23
markets the
NIC MAP ® Data Service tracks in the Southeast.
To receive these updates via email, please sign up using the form at the
NIC MAP
Market Signals homepage.
With the expanded coverage,
NIC data now include
markets where 71 percent of U.S. households headed by someone age 75 or older are located, providing transparency into the availability of independent living, assisted living, and memory care properties throughout the country.
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.
Expanding from 99
markets to the current 140,
NIC MAP is the most extensive data set on senior housing available.
The 2009
NIC Western Regional Symposium, «Preparing for the Future: Creating Your Opportunities in Today's Evolving
Market,» will provide an in - depth look at current best practices.
Market Update with Alan Plush, MAI HealthTrust Senior Partner Alan Plush recaps recent
NIC and ASHA meetings while providing insights into the current state of the seniors housing and healthcare capital
markets.
NIC has engaged the ProMatura Group, one of the industry's leading
market research companies, to collect
market fundamentals data on more than 14,000 properties across the 140 largest metropolitan
markets in the United States.
Annapolis, Md. — The 2017 National Investment Center for Seniors Housing & Care (
NIC) Fall Conference, to be held in Chicago from September 26 to 28, will provide strategies for seniors housing operators and investors to navigate current
market realities, from increased competition and ongoing construction, to labor challenges and uncertainty related to policy and regulatory changes.
«As federal and state budget pressures continue to intensify, providing this increased transparency on the middle -
market seniors population will be essential to attract capital and stimulate private sector investment,» said Beth Burnham Mace, chief economist of
NIC.
NIC's
NIC MAP ® Data and Analysis Service tracks more than 12,600 properties on a quarterly basis in the 100 largest metropolitan
markets.
NIC MAP's Fundamentals & Insights product offering includes access to historical trends and forecasts and is frequently used by advisory firms, analysts, institutional investors, and industry researchers to monitor industry and
market activity and anticipate emerging
market trends.
Stay ahead of
market trends affecting your seniors housing and care investment strategy with
NIC MAP reports.
The National Investment Center for Seniors Housing & Care (
NIC), in an effort to better understand and anticipate seniors» future housing and care needs, awarded an 18 - month research grant to NORC at the University of Chicago (NORC) to study the middle -
market population.
The 18 - 24 month study is part of a larger, multi-year commitment by
NIC to define the potential middle -
market for seniors housing from the standpoint of size, wealth, and health.
The
NIC MAP Bureau of Labor Statistics Employment and Wage Report is designed to offer valuable insights into labor
market conditions at the metropolitan area, state, and national level by providing comprehensive data on employment levels and wage rates by occupation.
Separately, in another example of its mission to enable access and choice for America's elders,
NIC recently awarded a $ 125,000 grant to independent social science research organization NORC at the University of Chicago to study the demand for middle -
market seniors housing.
We offer
NIC MAP clients exclusive quarterly national reports and data release webinars that are presented by a team of research experts — including the sector's first chief economist — to keep you abreast of industry and
market activity and emerging
market trends.
The
NIC MAP Construction Monitor provides a
market - level summary of construction activity across all metro
markets by property type.
«Local
Markets Performance in Seniors Housing and Care» took a deep dive into market metrics and how NIC MAP data tools can be used to determine which markets offer the best opportu
Markets Performance in Seniors Housing and Care» took a deep dive into
market metrics and how
NIC MAP data tools can be used to determine which
markets offer the best opportu
markets offer the best opportunities.
Numerous operators from various geographic regions stopped by the
NIC MAP booth to learn more about how
NIC MAP ® data can be utilized to access
market intelligence.
I rely on
NIC resources such as
NIC MAP to tell me which
markets pose risks that we can't readily mitigate.
To address this challenging environment, the theme of the 2017
NIC Fall Conference is Navigating the Present
Market and Anticipating the Future.