RALEIGH, N.C. — NIC MAP, the data platform of the National Investment Center for Seniors Housing & Care, has released its list of the top markets for seniors housing transactions of 2025. The list is based on data from the first three quarters of this year.
According to NIC MAO, the top ten metros for seniors housing investments included, in order, New York City; Phoenix; Miami; Dallas; Minneapolis; Seattle; Milwaukee; Houston; Nashville, Tennessee; and Boston.
The New York City metro saw $766 million in transaction volume, with 13 properties sold. Phoenix and Miami saw $530 million and $440 million in transactions, respectively, and the Dallas metro saw 25 properties sold at a price-per-unit of $187,375, for a total transaction volume of $418 million.
Nationally, the total transaction volume for the seniors housing and nursing care sector reached $16.3 billion in the first three quarters of 2025.
“The data paints a clear picture of a market that’s regained its footing,” says Arick Morton, CEO of NIC MAP. “Transaction activity, pricing momentum, and capital interest are all accelerating.”
The full report can be accessed here.