Transactions Market Ends Year on a Strong Note

The robust investment activity in seniors housing and care continued through the end of the year, with preliminary figures showing nearly $4bn in property sales during the fourth quarter. Overall, more than $17bn in seniors housing and care properties were acquired in 2014, up nearly 20% from last year.

Sales volume during 2014 was second only to 2011’s staggering total of $27.6b, which was dominated by a handful of multi-billion dollar REIT transactions. In terms of the number of deals, 2014 was the most active year on record, with more than 500 deals closing.

The market continued to be dominated by the publicly-traded companies, with their volume totaling nearly $10bn last year. Private companies also remained very active, with their acquisitions at more than $5bn during 2014. Institutional investors continued to be the smallest investor type, but their investment activity has been consistently growing during the last few years. In 2014, institutional players acquired $1.8bn in seniors housing and care real estate, up 13% from last year.