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Real Capital Analytics, NIC Join Forces to Track Seniors Housing Property Sales

In an effort to provide the seniors housing community with improved transaction data, Real Capital Analytics (RCA) and the National Investment Center for the Seniors Housing and Care Industry (NIC) have entered into a collaborative initiative.

As part of the agreement, NIC will provide RCA with its U.S. 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.

“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,” says 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,” adds White.

Bob Kramer, president of NIC, believes that the collaboration will help enhance investor knowledge of the seniors housing industry and its potential.

“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,” says Kramer.

New York-based RCA is a global research firm whose proprietary research is focused exclusively on the investment market for commercial real estate.

NIC, based in Annapolis, Md., provides data on the real estate fundamentals of seniors housing 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.

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