The slowdown in senior living M&A continued into the third quarter of this year, representing the slowest period for industry deal-making since 2021. That’s according to an Oct. 16 M&A update from Irving Levin Associates. According to the company’s latest data, industry players inked just 115 deals in the third quarter of 2023, totaling an […]
Irving Levin Associates
Senior living merger and acquisition activity slowed in the first quarter of 2022 after record transaction volumes in 4Q21. There were 127 publicly announced senior housing and care deals in 1Q2022, representing a decline of 9% compared with the previous quarter’s record-breaking total of 140 transactions, according to data from Irving Levin Associates. While dealmaking […]
Senior housing and care deals accounted for the highest transaction volume of any health care sector last year. Of the 1,094 health care transactions tracked in 2021, 403 mergers and acquisitions (36.8%) involved long-term care, according to a recent CliftonLarsonAllen report that cited Irving Levin Associates data. Independent living/active adult, assisted living and memory care, […]
Sizable transactions from real estate investment trusts (REITs) helped propel senior housing and care merger and acquisition activity higher in the second quarter of 2021 than the first quarter. The number of publicly announced senior housing and care acquisitions in the second quarter of 2021 rose to 109 deals, representing a 31% gain from the […]
The number of publicly announced senior housing transactions fell sharply this year, and the pandemic is the big reason why. There were just 77 such deals in the first quarter of 2021, according to new acquisition data from Irving Levin Associates. That’s 39% lower than the 127 transactions recorded in the fourth quarter of 2020, […]
The Covid-19 pandemic took a deleterious toll on the senior living industry last year — and average senior housing values dropped as some owners looked to divest. The average price per unit for senior housing communities, which includes assisted living and independent living properties, fell to $196,200 per unit in 2020, representing a 20% decrease […]
The coronavirus pandemic is having a deleterious effect on senior housing and care M&A activity – especially when compared to a historic landscape a year ago when all buyers were in the space looking for opportunities. The third quarter of 2020 ended with 58 announced deals totaling $1.48 billion in transaction volume, according to acquisition […]
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 […]
Robust senior housing acquisition activity is likely to continue into 2020, driven by the continued low interest rate environment as well as the increased focus on middle-market products and the creation of multi-brand portfolios. That middle-market focus is also driving more interest from big players in secondary and tertiary markets, which are friendlier to this […]
The first quarter of this year proved busy for senior housing and care buyers, though real estate investment trusts (REITs) continued to stay largely on the sidelines. Seventy-seven publicly announced senior housing and care acquisitions took place in the first quarter of 2018, which is up from the 70 acquisitions that took place in the […]
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