In 2024, there is a growing interest among investors to increase their presence in the senior housing industry due to various merger and acquisition deals, as reported in the latest annual survey from JLL Capital Markets.
Released on Feb. 13, the survey gathered responses from over 100 professionals working in senior housing and care, revealing that 63% of the respondents plan to boost their exposure to senior housing this year. This marks a significant increase from the previous year, where only 44% of respondents expressed similar intentions.
Assisted living emerged as the top investment target for 41% of the survey participants, followed by independent living at 20%. The report also indicates a shift towards private buyers, who accounted for 85% of senior housing asset purchases in 2024.
Looking ahead, concerns such as financing availability, capital markets, interest rates, and workforce availability are at the forefront for investors in the senior housing industry for the coming year.
