NIC MAP, a leading data and analysis service for the seniors housing and care industry, has announced a redesigned and improved website that includes new interactive benchmarking tools and slimmed down print reports. These upgrades enhance NIC MAP’s official expansion of full market coverage to the top 100 U.S. metropolitan markets in June, according to the National Investment Center for the Seniors Housing & Care Industry (NIC), owner of the subscription-based service. Some of the features available to subscribers include allowing users to find specific properties and download detailed property reports, find comparable properties and compare aggregate property performance to county and metro benchmarks, analyzing seniors housing performance on 9 key metrics at the metro level in the top 31 metropolitan markets and providing rankings based on 13 key metrics and for all 100 metropolitan areas. Quarterly reports now contain market and submarket property data on occupancy, rent, supply and demand; inventory and construction activity by primary market; and industry-wide and market-specific fundamentals and trends.
"We have been eagerly anticipating NIC MAP’s expansion to the secondary markets where many of our properties are located. With the upgraded tools and reports they now offer, we are much better able to compare our performance to others – locally and nationally," said Paul Boethel, director, financial planning & analysis for Holiday Retirement Communities. The new NIC MAP website was not only redesigned, but was also built on a more sophisticated and expanded database. Enhancements include easier navigation, NIC MAP training resources, a glossary of industry terms, and a "News & Events" section that links to recent press releases, articles and events in which NIC MAP data is featured.