NIC MAP Vision Expands into Active Adult
Property-Level & Performance Data
NIC MAP Vision recently launched property-level data for the Active Adult property type. The rise of Active Adult properties ties into the trend of older adults wanting a multifamily setting with lower acuity needs than traditional senior housing (ex. independent or assisted living). We provide Active Adult data as a response to the realized importance of this property type.
Defined by Senior Housing Stakeholders and NIC
The National Investment Center for Seniors Housing and Care (NIC) defined Active Adult as:
Age-eligible, market rate, multi-family rental properties that are lifestyle focused; general operations do not provide meals.
Data Included?
- Sales Transactions
- Hospital Locations
- Existing Stock
- Construction Pipeline
- Occupancy & Rate Comps
- Demographics
- Property Characteristics
- and more!
How Often is the Data Updated?
Broken down by property type, care segments, and unit type, NIC MAP Vision is updated quarterly, monthly, and weekly varying by data set.
What Active Adult data is currently available?
- NIC MAP Vision currently collects and shares the property name, address, operator name, and number of units for 200+ Active Adult properties.
- Active Adult data can be filtered by market (location), building vintage, and operator.
- The data also includes projects in the construction pipeline, offering important insight to operators and developers looking to expand their footprint.
- There are currently plans to report data for 500+ properties by early 2023.
- Performance data (rate and occupancy data), in addition to other metrics, is expected to be released by early 2023.
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"NIC MAP Vision is indispensable and important to our business because it gives us the first look into a market that we otherwise have very limited information on. It also gives us information that is specific to our interests in the seniors housing industry, and in a demographic we look to target."
- Axel Guerra, Director of Acquisitions & Development at Kisco Senior Living
"NIC MAP Vision is really indispensable for us because it allows us speed and efficiency, whereas there wasn't a product that allowed us to do that previously."
- Ryan Chase, Partner and Executive Managing Director at Blueprint
"I would tell anyone who's interested in investing in NIC MAP Vision, that it is a great investment if they seriously want to be a player in the senior housing industry."
- Anne Hampton, Managing Director with Wells Fargo
"We see the actual rates program as our top strategic priority. It is truly foundational to the the data that is the lifeblood of the senior housing industry."
- Arick Morton, CEO at NIC MAP Vision
"It's indispensable because it's continuously updated and expanded, and the quality of the data collection and verification for a published database is extremely good."
- Alice Katz, President, The Vinca Group
"NIC MAP has become the standard for the industry."
- Colleen Blumenthal, Managing Partner, Health Trust
"The biggest assets that it brings to us includes the inventory of independent living buildings, the list of licensed communities in a market, and the communities that are under development."
- Alice Katz, President, The Vinca Group
"It's depth. It's scope. It's all the markets in the United States that we're interested in. So no other data service provides the level of information that NIC Data Service provides."
- Justin Dickinson, Senior VP, CA Senior Living
Getting Started with Active Adult
For more information about Active Adult and gaining access to the data, speak to one of our product experts.
Active Adult is the latest property type to be formally defined by the National Investment Center for Seniors Housing and Care (NIC), a move with the goal of improving transparency for the industry. The promotion and defining of Active Adult, an effort backed by industry experts alongside NIC, now draws the attention of operators, investors, developers, and other industry stakeholders interested in expanding into the property type.
Active Adult data is currently available through our “Explorer” tool and enables industry stakeholders to gain the market knowledge necessary to make informed investment decisions. Combined with gold-standard supply data for other property types such as assisted living, independent living, and nursing care, users can quickly and effortlessly view the full picture of how Active Adult integrates into the broader senior housing market.
How often is Active Adult data updated?
Active Adult data is updated quarterly.
How can clients access Active Adult data in the NIC MAP Vision platform?
You can find the current Active Adult property-level data in the Explorer tool by navigating to the Supply Tab within the Site Detail Report.