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NIC MAP in the News

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Investors in buying mode, and healthcare is on offer

March 6, 2025 | McKnights LTC News

Rising demand and shifting care expectations have positioned senior housing as a key solution for aging Americans, drawing strong investor interest at NIC’s spring meeting. NIC MAP Vision’s Arick Morton emphasized the urgency, noting, “Construction will have to double its current pace for the next 20 years to come close to keeping up.”
Read at McKnights LTC News
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Senior living’s resiliency fuels optimism for 2025 and beyond

March 6, 2025 | McKnights

At the 2025 NIC Spring Conference, NIC MAP CEO Arick Morton emphasized the sector’s resilience and long-term growth potential, citing data that projects 100% to 200% growth in senior housing over the next 25 years. Despite this “incredibly bright future,” Morton warned of a $1 trillion development shortfall by 2040 and announced NIC MAP’s upcoming […]
Read at McKnights

Senior Housing Capital and Growth Outlook with NIC MAP CEO Arick Morton

March 5, 2025 | Bridge The Gap Podcast

Arick Morton of NIC MAP joins the Bridge the Gap podcast to break down the urgent need for senior housing development, emphasizing data-backed strategies to meet rising demand. He explores market-wide trends, expansion opportunities, and how operators can prepare for a future shaped by demographic shifts and labor challenges.
Read at Bridge The Gap Podcast

Berkadia SVP Warns of Insufficient Senior Housing Beds

February 26, 2025 | GlobeSt

A growing shortage of senior housing beds is raising alarm among industry leaders, with NIC MAP data projecting a major supply gap as the 80+ population rapidly expands—prompting calls for accelerated development to meet rising demand.
Read at GlobeSt

Aging boomers rekindle senior-housing market

February 24, 2025 | YieldPro

Senior housing is shifting from oversupply to a looming shortage as millions of baby boomers approach age 80, with NIC MAP projecting a need for over 560,000 new units by 2030—but only 191,000 expected at current development rates. Arick Morton, CEO of NIC MAP, emphasizes the urgency, stating, “The senior housing industry would need to […]
Read at YieldPro

Generation X is ready for senior living. Here’s what they want.

February 24, 2025 | MarketWatch

“The industry needs to develop at nearly twice its pace each year for the next 20 years to meet senior housing demand,” said Arick Morton, CEO of NIC MAP, which projects over $1 trillion in new inventory will be needed by the early 2040s—leaving an $800 billion shortfall if current trends persist.
Read at MarketWatch
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Soon, the sky’s the limit for senior housing developers

February 20, 2025 | McKnights

Senior housing developers are gaining confidence as demand accelerates and market fundamentals strengthen. NIC MAP data points to rising occupancy and favorable trends, signaling new opportunities for growth and investment across the sector.
Read at McKnights
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Population Growth Fuels Hot Markets

February 17, 2025 | Seniors Housing Business

Senior housing developers are targeting fast-growing regions to meet rising demand from the aging population. NIC MAP’s 2024 Senior Housing Market Outlook shows that keeping pace will require record-setting inventory growth, with Raleigh, San Jose, and Washington, D.C. leading the way.
Read at Seniors Housing Business

Navigating growth and challenges in senior housing

February 14, 2025 | Argentum

Written by Arick Morton, CEO of NIC MAP, this article outlines how the senior housing industry is entering a pivotal era marked by record-setting demand, shifting demographics, and a persistent supply-demand imbalance.
Read at Argentum

Senior Housing Shortage or Opportunity?

February 14, 2025 | Argentum

NIC MAP, Argentum’s data partner, projects that over 560,000 new senior housing units will be needed by 2030 to meet rising demand—but with current development trends, only 191,000 units are on track to be delivered. “We’ve never had a population pyramid that looks like this,” said Arick Morton, CEO of NIC MAP.
Read at Argentum

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