RCA and NIC to Enhance Senior Housing Transaction Data

NewImageReal Capital Analytics (RCA) and the National Investment Center for the Seniors Housing and Care Industry (NIC) announced an agreement to enhance senior housing industry data and help facilitate investment decisions within the sector.

As part of the agreement, NIC will provide RCA with its database of senior housing information and RCA will enhance the data to provide jointly produced industry trend reports and analytics.

“We are very pleased about our new relationship with NIC, which has the largest database on seniors housing and is the ‘go to’ organization for investors interested in the industry,” said Bob White, RCA’s Founder and President. “Seniors housing properties are currently attracting tremendous amounts of capital. So far in 2011, we have recorded $15 billion of property sales with another $7.5 billion pending, a huge amount of transactions that surpasses volume in the office sector.”

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The transaction database and analytical reports will be offered to both NIC MAP subscribers and RCA clients later this year. In addition, a NIC-RCA quarterly transactions report will be produced and be available through each organization.

“With the unprecedented number of transactions in the seniors housing industry, it’s the perfect time to bring together RCA’s commercial real estate expertise and NIC’s industry-specific research and data,” said Bob Kramer, NIC’s President. “I’m excited about the collaboration and look forward to enhancing investor knowledge and understanding of the seniors housing industry and its potential.”

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