Seniors housing and care M&A volume stays strong in Q2 2019

The number of publicly announced seniors housing and care acquisitions in the second quarter of 2019 topped 100 transactions for the fifth quarter in a row, with 115 total transactions announced, based on new acquisition data from Irving Levin Associates, in its The Health Care M&A Report.

This represents a 1.7 percent drop from the 117 transactions announced in both the first quarter of 2019 and the second quarter of 2018. Dollar volume rose about 60 percent from $2.7 billion in the first quarter to $4.3 billion in the second quarter of 2019.

Private senior care operating companies dominated the merger and acquisitions market, making 65 percent of the quarter’s acquisitions and driving the record-pace of dealmaking so far in 2019. REITs were the next most-active investors, accounting for 17 percent of the deals, whil