NIC and RCA Join Forces to Improve Seniors Housing Property Transaction Data
Wednesday, May 11, 2011
Source: RCA
RCA reports: Real Capital Analytics and National Investment Center Announce Collaborative Initiative to Track Seniors Housing Property Sales
Real Capital Analytics (RCA), a leading global research firm, and the National Investment Center for the Seniors Housing and Care Industry (NIC), a leading industry resource for seniors housing, announced during a jointly sponsored NIC Investor Briefing last week an agreement to provide the seniors housing industry with improved transaction data and analytical reports to facilitate investment decisions within this rapidly growing property sector.
“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. “Senior 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.”
As part of the agreement, NIC will provide RCA with its leading US database of seniors housing information, and RCA will enhance this transaction data to provide jointly produced industry trend reports and analytics. 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.”
About the National Investment Center for the Seniors Housing and Care Industry
For 20 years, the National Investment Center for the Seniors Housing & Care Industry (NIC) has been committed to advancing the quality of seniors housing and care by facilitating informed investment decisions for investors, lenders, owners, operators and developers through groundbreaking research, actionable data and dealmaking events. NIC is the leading provider of historical and trend data on the industry through its NIC MAP® Data and Analysis Service that tracks more than 12,000 properties on a quarterly basis in the 100 largest metropolitan markets. Proceeds from its annual conference and other events are used to fund data and research on issues of importance to lenders, investors, developers, operators, and others interested in meeting the housing and care needs of America's seniors. For more information, visit www.NIC.org or call (410) 267-0504.
About Real Capital Analytics, Inc.
Real Capital Analytics, Inc. is a global research firm based in New York City. The firm's proprietary research is focused exclusively on the investment market for commercial real estate. Within that arena, Real Capital Analytics offers the most in-depth, comprehensive and current information of activity in the industry. In addition to collecting transactional information for property sales and financings, RCA interprets data such as capitalization rates, market trends, pricing and sales volume. RCA also quantifies the market forces and identifies the trends that affect the pricing and liquidity of commercial real estate around the world. The firm publishes a series of Capital Trend reports and offers an online service that provides current transaction and troubled asset information for all markets globally.
View the full article on RCA: NIC and RCA Join Forces to Improve Seniors Housing Property Transaction Data
Articles related to this topic:
RCA Commercial Property Trend Data Available on Bloomberg
RCA Data Illustrates Office Sector's Recovery in Cassidy Turley Q1 Report
Multifamily Market Heating Up in Charlotte, NC
Stars Align for Multifamily Market's Rise
Multifamily Boom Pushing Some Apartment Yields Below Office Sector
Yield-Hungry Investors Scoping Secondary Markets
Foreign Investment into US Cities Cautiously Rises
RCA, Deloitte, RERC Collaborate on 2011 Outlook Report for Commercial Real Estate Sector
Asia Pacific Property Transaction Volumes up; Regional REITs Top USD100 billion
Posted by: Matthew Stone