The Senior Living Evolution: Mergers, Affiliations, and the Road Ahead
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In the ever-evolving landscape of senior living, game-changing moves aren't just strategic; they're a necessity. From embracing technology and AI to construction trends and adapting to the evolving needs of Baby Boomers, the industry has had to adapt and evolve at an accelerated rate. At Sherman & Roylance, we understand there are numerous factors that shape the industry.
Today, we are going to explore why more senior living operators are adopting a collaborative approach and steering towards mergers and affiliations. 2022 ended with 527 senior housing and care acquisitions, which is a 17% increase from 2021 and indicative of where the industry is headed.
Consider it a strategic pairing, a tailored process as distinctive as a fingerprint. That being said, the affiliation timeline, even in its swiftest form, takes about six months – a journey characterized by detailed planning and precise alignment.
Today, we are going to explore why more senior living operators are adopting a collaborative approach and steering towards mergers and affiliations. 2022 ended with 527 senior housing and care acquisitions, which is a 17% increase from 2021 and indicative of where the industry is headed.
Crafting Collaborative Futures: A Closer Look
In the realm of senior housing, the era of the lone ranger is fading. Organizations are seeking synergy through mergers and affiliations, a trend underscored by the recent mid-year M&A report from Ziegler, revealing a 17% consolidation rate among nonprofit senior living communities since 2015.Consider it a strategic pairing, a tailored process as distinctive as a fingerprint. That being said, the affiliation timeline, even in its swiftest form, takes about six months – a journey characterized by detailed planning and precise alignment.