Seniors Housing And Care M&A Volume Surges In Q4: 2016, According to Acquisition Data from The SeniorCare Investor

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NORWALK, CT – January 18, 2017 – The dollar volume of publicly announced seniors housing and care acquisitions in the fourth quarter of 2016 surged to $6.5 billion, more than double the previous quarter ($2.9 billion) as well as double the year-ago quarter ($2.3 billion), according to new acquisition data from The SeniorCare Investor. The number of announced acquisitions in the fourth quarter jumped by 33% from the third quarter to 93 individual transactions, even though this was down from the record 106 transactions in the year-ago quarter. The 93 deals in the fourth quarter represent the third most active quarter ever. The $6.5 billion also represents one of the most active quarters ever as well.

“Much of the spike in dollar volume in the fourth quarter represented the repositioning of large portfolios by a few of the healthcare REITs, which will strengthen their financial condition for future acquisition activity,” stated Steve Monroe, Managing Editor of The SeniorCare Investor and Editor of The Senior Care Acquisition Report.  “It may also set the stage for some of the buyers of those portfolios to expand their investments in the seniors housing and care market.”  The REITs with the largest sales of portfolios included HCP, Inc. and Welltower.

For the full year, based on preliminary numbers, there were 337 publicly announced seniors housing and care acquisitions, representing a 6% decrease from the record 359 transactions in 2015. The 337 transactions was the second highest level ever achieved in any year. The total dollar volume of seniors housing and care M&A activity in 2016 was slightly higher than in 2015, reaching $14.4 billion compared with $14.2 billion in 2015. “Investment interest continues to run high, and private equity firms, both large and small, are back in the game,” stated Monroe.

All quarterly results are published in The Health Care M&A Report for all 13 sectors of health care, which is part of the In addition, results of the seniors housing and care acquisition market are published in The Senior Care Acquisition Report, a comprehensive report with more than 250 pages of transaction details and valuation statistics. For information, or to order the report, call 800-248-1668.  Irving Levin Associates, Inc. was established in 1948 and has headquarters in Norwalk, Connecticut. The company publishes research reports and newsletters, and maintains databases on the healthcare and seniors housing markets.

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