The number of publicly announced seniors housing and care acquisitions in the first quarter of 2023 fell to 98 deals, based on new acquisition data from LevinPro LTC. This represents a 13% decrease from the 112 transactions disclosed in the fourth quarter of 2022 and a 33% decline from the 144 deals in Q1:22. In addition, the $1.35 billion spent on Q1:23 transactions fell by 31% from the $1.97 billion spent on Q4:22 transactions and by 73% from the $5.07 billion spent in the year-ago first quarter, based on disclosed prices.
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Source: https://www.prweb.com/releases/seniors_housing_and_care_m_a_activity_falls_under_100_deals_in_q1_23/prweb19279457.htm