Senior Housing News September 3, 2020
While the coronavirus pandemic has caused some private-equity investors to slow down and reevaluate their investments in the senior housing industry, there are still plenty of opportunities for new deals to be made.
But forging those deals will likely take close alignment between operators, owners and investors — and senior living companies should come to the table prepared to share intricate details about their operations. That’s partly to do with the fact that private-equity investors are now much more knowledgeable about the senior living industry, according to Carl Mittendorff, who is chairman and CEO of Houston-based Colonial Oaks Senior Living.
“There are quite a few private-equity funds and groups out there that are looking for great operators, and they’ve really...