The rise of hipsturbias — first-ring suburbs of metro areas attracting mixed-use development and fostering intergenerational living — was a top real estate trend heading into 2020. these areas have been disrupted by Covid-19, but their future still appears bright, including for senior living development. Positive demographic trends and a favorable market for housing sales […]
Hipsturbias are on the rise, and senior living developments are — perhaps surprisingly — taking pride of place in these suburbs that possess a cool factor and are popular with young adults. A mashup of “hipster” and “suburbia,” the term hipsturbia was first coined by The New York Times in 2013. Priced out of Brooklyn, […]
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 […]
A record-setting year for deal volume further confirms senior housing is now an institutional-grade real estate product type. Long-term care and assisted living deal volume paced a 14.4% increase over 2017, according to PricewaterhouseCooper’s (NYSE: PWC) year-end U.S. Health Services Insight report. There were 285 health care transactions last quarter, with long-term care accounting for […]
Senior housing is fast becoming an institutional-grade asset class, as an increasing number and variety of investors are seeking opportunities in the sector. As they gain a greater understanding of senior housing fundamentals, including the importance of operations, they also see a variety of exit strategies they can use to achieve a return on their […]
Deals involving health care assets topped 250 transactions for the fifth straight quarter, but deal volume and value both saw double digit year-to-year declines, according to a new report from PricewaterhouseCoopers (NYSE: PWC). Long-term care paced the activity, with 102 deals — 39% of total volume. However, deal value for long-term care transactions was down […]
Senior living professionals have reasons to be excited as they turn the calendar to 2018, even in the midst of ongoing occupancy pressure and potential disruption from recent health care mega-deals. Perhaps most fundamentally, the passage of another year brings the long-anticipated baby boomer age wave that much closer. Yet, most boomers are still a […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]
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. […]
Google (Nasdaq: GOOG), which has been dipping its toes into the aging health care space of late, is now part of a group bidding for the Department of Defense’s (DoD) $11 billion electronic health record (EHR) contract. The tech giant was recently named as a partner in PricewaterhouseCoopers’ (PwC) bid for the DoD Healthcare Management Systems […]
