‘Like a Game of Chicken’: Buyers, Sellers Get Creative as Senior Living Valuations Remain Low

Senior living operators face short-term turbulence when it comes to property values across all care types, but that turbulence could be an opportunity for well-positioned buyers looking to expand their portfolios.  Higher interest rates have made inking new deals prohibitive in the short-term, with operators and lenders needing to get even more creative than before […]

Senior Living Industry Sees Fewest M&A Deals Since Early 2021

Investors and owners closed fewer deals in the first quarter of this year as interest rates and other economic conditions continue to make senior living transactions harder. In the first quarter of 2023, the number of publicly announced mergers and acquisitions fell to just 98, representing a 13% drop from the 112 deals announced in […]

Senior Living Industry Could See Construction Slow Further in 2023

Commodity pricing and construction labor wage increases are leveling off — but don’t expect an uptick in new senior living projects or a decrease in overall pricing in 2023. That’s according to a new Senior Living Construction Costs report from construction firm Weitz Company. The cost of building new independent living and assisted living communities […]

Average Senior Living Occupancy Exceeds 83%, Marking Seventh Straight Quarter of Growth

Strong demand for needs-based units drove senior living occupancy higher in the first quarter of the year, marking the seventh consecutive quarterly increase since the industry’s pandemic occupancy low in 2021. That is according to the latest occupancy data from the National Investment Center for Seniors Housing & Care (NIC) and NIC MAP Vision. Overall […]