Skilled Nursing News June 27, 2023
Mergers & acquisitions activity is expected to remain “exorbitant,” and “voluminous” in the second half of the year for the nursing home industry despite higher interest rates, with transfer times slowed slightly by state regulations.
This is the view held by industry brokers who spoke to Skilled Nursing News on the state of current deal making, although it isn’t one that is universally held. Other M&A players say that while property performance has held steady or improved recently, deal volume is down compared to 2021 and the first half of 2022, and may trend downward with staffing pressures and interest rate hike fears.
That said, quite a few deals are expected for late summer and early fall this year, with...
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