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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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

Optimism and Opportunity: Current Market Conditions are Favorable for Senior Housing

August 28, 2024 | Argentum

Written by Arick Morton, CEO of NIC MAP, this article outlines how current market conditions—driven by demographic momentum, recovering occupancy, and normalized labor trends—are creating a favorable environment for senior housing investment and growth.
Read at Argentum

A Look at Capital Lending and the Growing Senior Living Housing Shortage

August 28, 2024 | Argentum

The senior living housing shortage is becoming increasingly urgent. NIC MAP’s June report projects a 550,000-unit deficit by 2030, as years of minimal construction clash with accelerating demand.
Read at Argentum
Multi-Housing News

Senior Housing Occupancy Ticks up in Q2 2024

July 31, 2024 | Multi-Housing News

Senior housing occupancy reached 85.9% in Q2 2024, marking 12 consecutive quarters of growth as demand continues to outpace supply according to recent NIC MAP data. Record-high absorption and a growing 80+ population signal strong momentum for the sector in the years ahead.
Read at Multi-Housing News

New bill targeting private equity, REIT transparency muddies waters for assisted living

July 29, 2024 | McKnights

Argentum emphasized the critical role of private investment in addressing the projected surge in senior housing demand, citing NIC MAP’s Senior Housing Outlook, which projects a shortage of 550,000 units by 2030 and a $275 billion investment gap—rising to $1 trillion by 2040.
Read at McKnights

Senior Housing Outlook Report with NIC MAP Vision CEO Arick Morton

July 29, 2024 | Bridge The Gap Podcast

NIC MAP CEO Arick Morton joins the Bridge the Gap podcast to unpack the surging demand in senior housing driven by powerful demographic shifts and historic absorption trends. He shares data-backed insights on how the industry can seize emerging investment opportunities and rise to meet the needs of an aging population.
Read at Bridge The Gap Podcast

Senior Living Development Starting Block Grows Crowded, Companies Ready to ‘Hit Go’

July 25, 2024 | Senior Housing News

With demand rising, senior living developers are lining up to break ground, leading to increased competition at the starting line. Backed by NIC MAP insights, this surge reflects growing confidence in the sector’s long-term prospects.
Read at Senior Housing News

Senior Hosuing Market Outlook and Reason for Operator Optimism Unveiled

July 17, 2024 | Argentum

NIC MAP data shows record-high senior housing absorption and a rapid recovery in occupancy, driven by the unprecedented growth of the 80+ population. With demand now far outpacing supply, the industry must accelerate development—creating a generational opportunity for stakeholders to meet future needs and capitalize on long-term growth.
Read at Argentum

Senior living operators navigate complex landscape of challenges, opportunities

July 8, 2024 | McKnights

NIC MAP Vision’s Senior Housing Outlook highlights strong investment potential in senior living, driven by demographic growth despite economic pressures. As the industry evolves with tech, wellness, and sustainability trends, new opportunities are emerging to meet rising demand.
Read at McKnights

Senior living sees all-time-high affordability, potential expansion of penetration rate

July 3, 2024 | McKnights

Senior living affordability is at an all-time high, with older adult household income and net worth growing faster than senior living rents over the past decade. The rapid growth of high-income households, NIC MAP Vision CEO Arick Morton said, supports the further expansion of the private-pay senior living market.
Read at McKnights

Media Contact

For press inquiries, please contact Mary Prevost.