Q1 2017 Transactions Update: Portfolio Deals Drive Volume Gains This blog is a follow-up to the preliminary transactions data from last month’s post. Here is the latest data as of Q1 2017. Transaction Dollar Volume Increases Transactions volume for seniors housing and care registered $4.6 billion in Q1 2017. Seniors housing had a strong quarter, […]
The preliminary data for seniors housing and care Q1 2017 transactions volume showed a significant uptick from the prior quarter. Volume totaled $4.4 billion in the first quarter. The increase in volume was mainly driven by the public REIT divestitures and the institutional players, namely Blackstone, stepping in to acquire properties. The first quarter of […]
Over the past few years, public buyers, dominated by the public REITs, have been the dominant player buying seniors housing and care properties. That changed in 2016, when higher costs of capital limited purchases by public REITs. Consequently, acquisitions by institutional buyers and private buyers (including private REITs and partnerships) accounted for the majority of […]
The decrease in transactions volume in the second quarter of 2016 was due to a decrease in all buyer types: the public type (any publicly-traded company), the private type (not publicly traded, such as a private REIT, single owner, or partnership), and the institutional type (equity funds that manage pension money or other types of institutional money).
The second quarter of 2016 marked a significant drop in volume for closed seniors housing and care property sales transactions. Volume in the second quarter registered $1.6 billion. That includes $1 billion in seniors housing and $600 million in nursing care. The total volume was down 61% from the previous quarter’s $4.3 billion and down 81% from the second quarter of 2015, when volume came in at $8.7 billion.