Why Health Care, Senior Living Investors Should be ‘Cautiously Optimistic’ for 2024

While macroeconomic trends have dampened senior living deal activity in 2023, those involved in health services transactions should remain “cautiously optimistic” for 2024, according to PricewaterhouseCoopers International Limited (PwC).  By mid-November, health service deal volumes dropped 13% compared to last year as interest rates, regulatory concerns, macroeconomic risk and valuation gaps drove headwinds throughout the […]

Senior Housing Projects Still Hold Investment, Development Appeal Despite Ongoing Headwinds

Senior housing is still among the popular product types for new investment and development in 2022 despite lingering headwinds related to rising expenses and staffing. Respondents to a recent real estate trends report from PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI) identified senior housing as between “fair” and “excellent” for new investment and development. […]

Investors, Developers Cool on Senior Housing as Covid-19 Pandemic Drags On

Last year, it looked as though senior housing would remain among the most attractive real estate prospects for investors and developers in 2020 — then came Covid-19. No doubt spooked by a deadly disease that disproportionately affects older adults, investors and developers turned their attention to other property types when looking ahead to 2021, including […]

Welltower, Ensign Group Drive 2019 Long-Term Care M&A Activity

Interest in long-term care assets continued to lead health care merger and acquisition activity in 2019, although overall activity declined slightly amid growing uncertainty over the global economy, major health care policies and the 2020 elections. Notably, deal volume for long-term care assets, which includes assisted living, accounted for 34% of health care M&A activity […]

Senior Housing Wanes Slightly In Eyes of Investors, Developers

Senior housing is still one of the most attractive investment and development prospects in real estate for the year ahead. But, there are some lingering questions about how the industry will overcome its current headwinds, at least in the short-term, according to the latest Emerging Trends in Real Estate report from PricewaterhouseCoopers (PwC) and the […]

Long-Term Care, Assisted Living Deal Values Spike in 2019

A notable dropoff in megadeals has not slowed investor interest in long-term care and assisted living properties, because the industry remains attractive to investors who recognize managing rising costs and population health remain priorities. Notably, deal value for long-term care assets, which includes assisted living, saw the largest increase in multiple value versus the previous […]

Senior Housing Outshines Other Real Estate Classes as Developers Look to 2019

Senior housing is again considered one of the best bets for real estate investment and development for the year ahead. That’s according to the 40th annual Emerging Trends in Real Estate report from PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI). Investors identified senior housing as the top prospect for both investment and development of […]

Senior Housing Real Estate is Best Bet for Development in 2018

Out of all residential property types, senior housing has the best prospects for both investment and development in 2018, according to a cross section of real estate professionals surveyed earlier this year. “Addressing the residential needs of the population moving through their 60s, 70s, and 80s is creating a spectrum of opportunity for the real […]

Long-Term Care Megadeals Boost Health Industry M&A

The U.S. health services industry saw an “unusually high number of megadeals” in the second quarter of 2017—some of which took place in the long-term care sub-sector, according to data published by audit, assurance, tax and consulting firm Pricewaterhouse Coopers (PwC). Overall, 219 deals occurred throughout the health services industry in the second quarter, totaling to […]

Long-Term Care Deal Value Reaches $14.4 Billion in 2016

Last year was busy for health care M&A, with $71.7 billion worth of deals recorded nationwide. Out of all health care sub-sectors, long-term care had the biggest year in terms of deal volume and deal value, according a newly released PricewaterhouseCoopers (PwC) report. The long-term care sub-sector included skilled nursing facilities and private pay senior living options.  […]