Movers and Shakers: Avenue Appoints CIO; Vium Capital Names Director

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Movers and Shakers: Vium Capital Leader Named to Indiana Hospital Association; HDG Promotes Senior Director

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Fed Enacts First Interest Rate Cuts Since 2020, a Welcome Relief for Senior Living M&A

The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points, setting the stage for an uptick in senior living lending and dealmaking. With the Fed’s announcement Wednesday, the U.S. central bank lowered the target range for federal funds to 4.75% to 5%. The Fed had previously held off on enacting rate cuts […]

Distress Still Driving New M&A Deals as Senior Living Industry Waits for Relief

This story is part of your SHN+ subscription Last year, operators and properties, particularly in rural and tertiary markets, faced “death spirals” of stagnant occupancy and rising expenses. In 2024, conditions behind that trend have not abated, and some of those properties are now being snatched up by well-capitalized players. In the meantime, there has […]

Transactions and Financings: Ziegler Closes on $68.5M for Acts Retirement-Life Communities; Brookdale Secures $179.5M Refinancing

Financings JLL Capital Markets leads $179.5M financing for Brookdale JLL Capital Markets announced on Jan. 9 that it closed on a seven-year fixed rate loan of $179.5 million on behalf of Brookdale. According to a press release, the loan was done through Fannie Mae, and the proceeds were used to refinance a seven-year tranche of […]

Despite Recent Slowdowns, Senior Living M&A Still Alive in 2023

This article is a part of your SHN+ subscription Senior living dealmaking volume is still well below where it has been in the past as macroeconomic conditions make deals harder to ink. But that doesn’t mean this year will be a total wash in the end, either. Market conditions are still evolving, and there’s still […]

Transactions & Financings: VIUM Closes on $350M in Financings; K4Connect Raises Over $8M

Sales JLL Capital Markets arranges sale of Oklahoma community JLL Capital Markets arranged the sale of a 105-unit community in a suburb of Tulsa, Oklahoma, representing seller Prevarian Senior Living and procured the buyer, TULAF3 LLC. Prairie House will be managed by Legend Senior Living, an affiliate of the buyer. SLIB facilitates sale of Illinois […]

Despite Fears of ‘Death Spiral’ for Small Buildings, Seasoned Operators See Promise in Enlivant Portfolio

Earlier this spring, I received a LinkedIn message related to the future of the TPG/Sabra Healthcare REIT (Nasdaq: SBRA) joint venture senior living portfolio, operated by Enlivant. The message was from a relative of a resident, sharing a letter stating that a new operator would soon be taking over. I eventually learned the future operator […]

‘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 […]