Senior Housing News September 21, 2022
Senior living investors returned to the industry in 2022 as operator performance and favorable demographic trends drove interest. But many of them are now also more selective in the deals that they undertake.
This is one of the observation in the Senior Housing National Report for the second half of 2022, which was recently published by Marcus & Millichap. The report’s researchers based their findings on data from Moody’s Analytics, NIC Map Vision and the U.S. Bureau of Labor Statistics.
While investors returned to senior living transactions in 2022, that momentum tapered off somewhat in the second half of the year thanks to rising interest rates and cost inflation for senior living operators.
Now, they are approaching deals with caution...