Senior Housing News September 27, 2024
Senior living providers continue to weigh core-plus asset deals and distress-driven transactions favorably, as senior living deal activity showed signs of rebounding slightly this year.
That’s according to a recent survey and capital markets analysis by Cushman and Wakefield published this week.
Of the 90 senior living executives surveyed, nearly half (49%) said they would target core-plus investment strategies with assisted living being the most attractive transaction type at 33% followed by active adult being sought by 23% of respondents.
This comes as the senior living transactions market is “at or near the bottom” from a property valuations standpoint and in the years ahead, yet “renewed interest” from investor and lender groups shows the promising future prospects of senior housing...