Investment Advisor Explains How NIC MAP Speeds Up His Workflow
Ryan Chase, Partner and Executive Managing Director at Blueprint
Ryan Chase shares his experience as a NIC MAP customer and how the platform dramatically sped up his workflow. He also discusses how he takes advantage of his dual subscription, using both VisionLTC demand data and NIC MAP supply-side data simultaneously.
Now more than ever, the actionable data provided by NIC MAP can help you stay informed. Trusted by more than 5,000 customers and built exclusively for the senior housing and care sector, NIC MAP provides comprehensive nationwide supply and demand metrics on 35K+ properties with more than 15 years of comprehensive, time-series market data at the metro level.
Video Transcript
Hi, I’m Ryan Chase, Senior Managing Director at Blueprint Healthcare Real Estate Advisors. We were original users of NIC MAP all the way back to 2013 at the founding of Blueprint, and then right around 2016 or 2017 we adopted VisionLTC, and we’ve been on NIC MAP Vision ever since. We leverage NIC MAP Vision products really for two purposes. As an intermediary, we’re asked to figure out what we think the market clearing prices are on a lot of assets, so we have to do research in order to assess an investment as though we are a buyer, an investor, or an operator. Ultimately, what we’re trying to use that research for is to determine value. The dual subscription to NIC MAP Vision is really the one-stop shop for the fundamentals of a market — the demographics, the growth, the wealth. You can also assess certain acuity needs through VisionLTC and then layer on fundamentals about the operations. NIC MAP Vision is really indispensable for us because it allows us speed and efficiency. There is no product that exists that would allow us to do that otherwise. We can look at multiple sites and assess the operations of many assets in a day, in a morning, whereas without it, it would take one or two people several days. It allows us to scale, to be higher-touch with our clients, and to move on to the next questions beyond just the investment assessment.