In 2024, senior living operators are seeking growth with an eye on future demand – no easy feat given challenges in lending and development. For smaller companies, that is an even harder nut to crack. For one, smaller senior living companies often don’t have the cash to buy portfolios of communities or embark on extensive […]
This article is part of your SHN+ subscription Financing for senior living acquisitions has been tight – and yet, the data says many deals are being made. A recent report from the National Investment Center for Seniors Housing & Care (NIC) was the latest evidence showing “inconsistent” financing for new deals, fueled by ongoing challenges […]
Adava Care is a new face in the senior living sector thanks to a recent 12-community acquisition, and the company has plans to become even more established in the space. Adava on May 1 acquired a 12-community portfolio in Wisconsin from a public real estate investment trust (REIT). The seller and terms of the deal […]
