By understanding trends in occupancy, inventory, and absorption at the national and local level, clients get an accurate snapshot of what is happening in any given market both now and historically – a specialty of the NIC MAP suite. By researching demographics, wealth information (i.e. net-worth and income by age), and construction pipeline data in customized market areas, users receive a read on market demand that translates to more informed investments – the VisionLTC specialty.
As one example of an exclusive feature for clients accessing both product suites, users can now analyze up to 4000 user-defined markets at scale. Not only can you customize the size of your markets and view market demand data, but you also see the rate and occupancy data for those markets, too.
By accessing both product suites, NIC MAP Vision users gain more transparency into which markets are performing well and which show the largest potential for growth. What once took several days of tedious data analysis is now done in a morning. When pressed for time to make a deal, you can move forward with confidence that you’ll have data that is actionable, accurate, and quickly delivered. You also gain access to data sets that were, until recently, completely unavailable to the senior housing industry.