NIC Chats

National Investment Center for Seniors Housing & Care

Get to know some of the leading voices and business leaders influencing seniors housing and skilled nursing today. Expect a little more humor, a few good stories from the frontlines, and perhaps a priceless insight gained from deep experience.

  1. Jul 22

    Lifestyle & Engagement — Determining the "Must-Haves" and Beyond in Active Adult Resident Programming — Episode 3

    In this third episode of NIC's Active Adult podcast series, Christine Tarras, Director of Client Services at Greystar joins host Caroline Clapp to share insights on how operators can build resident programming that drives both satisfaction and NOI.  Tarras draws on Greystar's experience as the largest active adult operator to explain the mindset shift multifamily operators need to make when entering the sector, from longer pre-leasing timelines to a deeper understanding of resident psychographics and demographics. The conversation covers how lifestyle programming should evolve across an asset's life cycle, how to design a calendar that serves residents spanning multiple decades in age, and the must-have amenity spaces and programming elements that support leasing velocity and retention.  Hear what doesn't work — including programming that sounds compelling on paper but fails to gain resident traction — along with how to hire and retain a strong Lifestyle and Engagement Director, where technology fits into programming today, and how resident expectations may shift as younger cohorts enter the sector. Tarras closes with advice for operators launching their first active adult community.  This episode offers a practical look at building lifestyle programming that residents value and capital partners can measure. Thank you to Treplus Property Management for sponsoring this episode.  Want to join the conversation? Follow NIC on LinkedIn. We want to hear from you! Let us know what you think of NIC Chats by giving us a review on Apple Podcasts, Spotify, or wherever you listen.

    Lifestyle & Engagement — Determining the "Must-Haves" and Beyond in Active Adult Resident Programming — Episode 3
  2. Jul 15

    Active Adult Data-Driven Market and Product Selection — Episode 2

    As part of NIC's Active Adult podcast series, host Caroline Clapp sits down with Kimberly Byrum, Managing Principal, Multifamily, at Zonda Advisory Group, to share insights on how developers and investors can use data to identify the right markets and product for active adult rental communities. Byrum draws on Zonda's market study work to explain how demand sizing for active adult differs from conventional multifamily — shifting from jobs-driven econometric models to a more demographic-driven approach centered on financial characteristics, the existing pool of 55-plus renters, and mobility patterns. The conversation covers current supply and occupancy trends, how to track a market's development pipeline, and a framework for evaluating and ranking markets. The episode also dives into product fundamentals — unit mix, optimal project size, and market penetration and saturation analysis — along with which amenities deliver the strongest ROI. Byrum wraps up with a candid look at common site-selection mistakes and where she sees underwriting standards heading as the sector matures. This episode offers a practical, data-backed look at how to evaluate markets and products for active adult today. Thank you to Treplus Property Management for sponsoring this episode. Want to join the conversation? Follow NIC on LinkedIn. We want to hear from you! Let us know what you think of NIC Chats by giving us a review on Apple Podcasts, Spotify, or wherever you listen.

    Active Adult Data-Driven Market and Product Selection — Episode 2
  3. Jul 8

    The Investment Thesis for Active Adult Rental Communities — Episode 1

    In this first episode in NIC's Active Adult podcast series, host Caroline Clapp sits down with Ben Burke, Managing Partner of Headwaters Group, a Denver-based developer and operator of active adult 55+ rental communities, to share insights on why active adult has become one of the most compelling investment theses in real estate today. Burke draws on his background in traditional senior housing to explain what sets active adult apart — a hybrid model with senior-living-style resident engagement and retention paired with multifamily-style operating costs. The conversation covers the demographic tailwinds driving demand, current supply and occupancy trends, and how Headwaters approaches site selection. The episode also dives into underwriting fundamentals — lease-up pace, stabilized occupancy, and rent growth assumptions — along with amenity strategy. Burke closes with a candid look at today's capital markets environment and the risks operators need to watch, from new supply to maintaining resident engagement as the sector matures. Tune in for a grounded, data-informed conversation on where active adult stands today and where the opportunity is headed. Thank you to Treplus Property Management for sponsoring this episode.  Want to join the conversation? Follow NIC on LinkedIn. We want to hear from you! Let us know what you think of NIC Chats by giving us a review on Apple Podcasts, Spotify, or wherever you listen.

    The Investment Thesis for Active Adult Rental Communities — Episode 1

Ratings & Reviews

5
out of 5
8 Ratings

About

Get to know some of the leading voices and business leaders influencing seniors housing and skilled nursing today. Expect a little more humor, a few good stories from the frontlines, and perhaps a priceless insight gained from deep experience.