July 22, 2024

Keep an eye out for more lenders considering senior housing deals once again. The sector has already seen more lending activity than this time last year. This is a function of banks re-entering the market, along with other factors such as an uptick in acquisitions, as fundamentals across the sector continue to improve. Banks are also no longer providing extensions, thereby motivating borrowers to sell. The increase in transactions will help with re-establishing values. Margins in the industry are also beginning to recover, such as expenses and payroll costs stabilizing. More