Press Room - 2010 NIC Press Releases
'NIC Investment Guide 2010' Provides Primer
for Investing in Seniors Housing & Care Properties
FOR IMMEDIATE RELEASE: September 28, 2010
Contact: Renee Tilton, (410) 626-0805 or rtilton@crosbymarketing.com
Annapolis, Md. - Investors new to the sector or looking to invest in the seniors
housing and care industry now have a fundamental resource at their disposal: the
"NIC Investment Guide 2010: Investing in Seniors Housing & Care Properties." The
report, produced by the National Investment Center for the Seniors Housing & Care
Industry (NIC), provides an extensive primer to understanding the unique investment
characteristics of this growing sector, including time series data for the last
five years.
"The Investment Guide is at the heart of NIC's mission to facilitate informed investment
decisions and provide transparency for the sector," said Robert Kramer, president
of NIC. "We went to great lengths to identify all the areas that investors, especially
those new to seniors housing, would need to better understand our industry." Property
types covered are independent living, assisted living and nursing care. Information
is also given on memory care and continuing care retirement communities.
The core of the report provides the industry's first overview of its investment
characteristics, including:
- Size and scope of the sector
- Details on services provided by property types
- Operating fundamentals, including occupancy rates, returns, rent growth and loan
performance
- Resident profiles
- Expense profiles
- Development in the sector and active capital sources
- Comparisons with other commercial real estate classes
- Information on health reform
- General legal requirements
"This report is unprecedented in that it speaks to all the relevant factors for
investors wanting to get oriented to seniors housing and care," said Ray Braun,
managing member, Prospects Advisory Group, who was also task force chair for the
report. "It also takes advantage of the culmination of work that's gone into developing
NIC MAP, which is the industry's leading data provider of key operating statistics.
Because of MAP, we were able to include actual time series data to demonstrate the
sector's performance over a five-year period for the 31 largest metropolitan markets."
"When you look at these trends, the numbers speak for themselves, in that seniors
housing has performed head and shoulders above other commercial real estate asset
classes during the economic downturn," said Chuck Harry, NIC research director.
"It shows how the dual components of real estate and needs-driven services give
seniors housing and care properties a unique resiliency, making them worthy of serious
consideration for any portfolio."
"There's no question that the Investment Guide is a landmark report in that it shows
just how far the seniors housing and care industry has come," added Kevin McMeen,
co-founder of MidCap Financial and president of Real Estate Lending, and NIC Board
chair. "Because it is so comprehensive, the Guide also has real value to investors
already active in the space. Not only is the data in the report reliable, but the
information can provide an important context to help evaluate investment risks and
returns."
The "NIC Investment Guide 2010" is available for $250. To order, visit
www.NIC.org or call NIC at (410) 267-0504.
About NIC
Founded in 1991, the National Investment Center for the Seniors Housing & Care Industry
(NIC) is a nonprofit education and research organization providing information about
business strategy and capital formation for the senior living industry. NIC is the
leading provider of historical and trend data on the industry through its NIC Market
Area Profiles (NIC MAP®) Data and Analysis Service that tracks quarterly more than
12,000 properties in the 100 largest metropolitan markets. Proceeds from its annual
conference are used to fund research on issues of importance to the industry. For
more information, visit www.NIC.org or call (410)
267-0504.
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