NIC MAP in the News

Learn about the latest products and data releases and see what others are saying about NIC MAP.

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Quarterly senior housing update

October 31, 2024 | Multi-Housing News

Senior housing occupancy climbed to 86.5% in Q3 2024, its 13th consecutive quarter of growth and a new record for occupied units according to NIC MAP data. Strong demand and limited new supply continue to drive the sector’s momentum as a leading real estate asset class.
Read at Multi-Housing News

How affordability and demand are shaping the future of senior housing

October 30, 2024 | Argentum

The senior housing market is entering a period of extraordinary demand, fueled by an aging population and improving affordability among seniors. NIC MAP ’s report highlights the sector’s resilience and the urgent need to close the capacity gap.
Read at Argentum

Update and Outlook on the Senior Housing Space

October 30, 2024 | IREI

Explore key trends in senior housing, from post-COVID performance to construction pipeline challenges and capacity concerns. This IREI segment highlights critical insights shaping the industry’s future featuring NIC MAP CEO Arick Morton.
Read at IREI

Q3 Report with NIC MAP Vision CEO Arick Morton

October 28, 2024 | Bridge The Gap Podcast

Optimism is growing in the senior housing industry as capital markets begin to reopen heading into the new year. NIC MAP CEO Arick Morton sits down with Bridge the Gap and explores demand trends and opportunities for new development and acquisitions.
Read at Bridge The Gap Podcast

Wealthier Americans Are Paying Millions to Age in Luxury Campuses

October 26, 2024 | Wall Street Journal

Life plan communities provide affluent seniors with lifelong care and upscale amenities, offering a worry-free, enriching retirement experience. Demand for these communities is growing steadily, with occupancy rates on the rise—independent living units now exceed 80%, according to NIC MAP.
Read at Wall Street Journal

Senior Housing Shows Resilience

October 24, 2024 | YieldPro

A recent report from NIC MAP shows that senior housing has demonstrated strong resilience, rebounding swiftly from both the pandemic’s impact and the global financial crisis a decade prior.
Read at YieldPro

Senior living’s recovery from COVID shock affirms its market strength: NIC MAP

October 24, 2024 | McKnights

The economic shocks of the COVID-19 pandemic have worn off, affirming the “durability of demand” for needs-based senior living, according to a new report from NIC MAP.  This recovery underscores the sector’s resilience and highlights significant opportunities for growth and investment.
Read at McKnights

Interest Rates Drop: New Growth and Investment Potential in the Senior Housing Industry

October 9, 2024 | Argentum

Written by Arick Morton, CEO of NIC MAP, this article explores why senior housing is entering a period of renewed opportunity, driven by falling interest rates, rising demand, and a resilient post-pandemic recovery.
Read at Argentum

Meeting the Demand: Why real estate investors should focus on senior housing and the unprecedented opportunity in the senior housing sector

September 1, 2024 | IREI

NIC MAP estimates $275 billion of additional capital needed to meet the needs by 2030. This supply gap presents a unique and urgent investment opportunity in a resilient real estate sector.
Read at IREI

The Case for Senior Housing Investment

August 28, 2024 | GlobeSt

Senior housing stands out as a high-demand asset type, with a projected 550,000-unit shortfall by 2030 and a $275 billion investment gap. According to NIC MAP CEO Arick Morton, this imbalance presents a compelling opportunity for investors to meet growing needs.
Read at GlobeSt

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For press inquiries, please contact Mary Prevost.