In a year where all investor types sought out acquisition opportunities in the senior housing and long-term care space, private equity, especially, flexed its muscle. The industry racked up $15.7 billion in acquisition deal volume in 2019, according to analysis of data from the National Investment Center for Seniors Housing & Care (NIC). Total deal volume was up 6%, year-over-year. A deeper look into the numbers, however, shows the influence that private investors are having on the marketplace. Nearly 45% of total deal volume — $7.1 billion — was attributed to private buyers. That marked a 16% jump, year over year.
Read the full article: Private Investors Pump over $7B into Senior Housing Acquisitions in 2019 //