Senior Housing News June 24, 2024
Focus Healthcare Partners is seeing an environment that is ripe for new investments and acquisitions following the recent completion of fundraising a $370 million fund.
Called Focus Senior Housing Fund II LP, the new fund is around 20% larger than the firm’s previous fund completed in 2021 and took around two years to complete.
The new fund could propel the company to its most active investment year since it was founded in 2015, according to Principal and Co-Founder Curt Schaller – and that has much to do with the current landscape for new transactions.
“It’s the best investment environment I’ve seen in the 25 years I’ve been in senior housing,” Schaller told Senior Housing News.
The fund is going to...