News Archive

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

Senior Housing on track for a $275B investment shortfall

July 3, 2024 | GlobeSt

There’s a growing gap in senior housing that is on track to lead to a $275 billion investment shortage by 2030, according to a report from NIC MAP. Meeting this challenge will require innovative solutions and swift action to support the needs of an aging population.

Read at GlobeSt

Seniors Housing Needs $275B in New Investment by 2030 to Meet Demand

June 28, 2024 | Seniors Housing Business

With the 80+ population growing quickly, the U.S. is projected to face a significant shortage in seniors housing over the next five years. NIC MAP’s Senior Housing Outlook points to an urgent need for new development and highlights a prime opportunity for investors to help close the gap.

Read at Seniors Housing Business

Senior Housing Shortage Looms: Investment Opportunity Knocks

June 28, 2024 | LTC News

The senior housing sector is on the brink of a critical supply gap as the aging population grows. Backed by NIC MAP analysis, industry experts see this as a pivotal moment to invest in innovative solutions and expand capacity nationwide.

Read at LTC News

NIC MAP report projects massive investment shortage in senior housing

June 27, 2024 | Senior Living News

NIC MAP’s latest report reveals a critical shortfall of 550,000 senior housing units by 2030, driven by surging demand from the aging 80+ population.

Read at Senior Living News

Equity in Senior Living, History Bears Lessons

June 27, 2024 | Senior Housing News

Private equity plays a key role in addressing the $275 billion investment gap in senior living projected by 2030. This article highlights how private equity can drive innovation and growth while fostering a stronger future for the industry.

Read at Senior Housing News

Senior Living Industry Must Develop Communites 3.5 Times Faster to Meet Demand by 2030

June 27, 2024 | Senior Housing News

The senior living industry is on track to reach 90% occupancy by 2026, but a $275 billion supply gap looms by 2030 without a significant increase in development. NIC MAP’s new Senior Housing Market Outlook Report takes a closer look.

Read at Senior Housing News

Senior Housing Supply Demand Imbalance: Seizing the Opportunity

June 27, 2024 | CRE Marketbeat

The senior housing market is approaching a $275 billion supply-demand gap by 2030 according to NIC MAP’s Senior Housing Market Outlook Report, driven by a rapidly growing 80+ population and insufficient development. This presents both a significant challenge and a generational opportunity for the sector.

Read at CRE Marketbeat

Senior Housing: Supply/Demand Imbalance Means Opportunity

June 27, 2024 | ConnectCRE

NIC MAP data reveals a growing supply-demand imbalance in senior housing, highlighting a key opportunity for developers and investors to meet accelerating demand with strategic, market-informed solutions.

Read at ConnectCRE

Go long in senior housing: NIC MAP Vision data reveals a $275 billion investment shortage in senior housing developments across the country by 2030

June 26, 2024 | NIC MAP

Senior housing development pace needs to triple to meet the needs of growing 80+ population Raleigh, N.C., (June 26, 2024) — The sirens are sounding: We currently don’t have enough senior housing to meet the demands of older populations. As the number of people aged 80 and older continues to grow rapidly, we will not have enough senior […]

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