On Thursday, February 15, our Editor Steve Monroe moderated a 90-minute webinar titled “Will New Records Be Set? The Numbers, the Deals, the Stats on all Seniors Housing and Care M&A,” with a panel of experts to discuss the 2017 seniors housing and care M&A market, with pricing statistics from our upcoming Senior Care Acquisition Report, to be published next month. There were a few records set in 2017 (for details on those records, check out either the webinar or the Report), but with labor, occupancy, overdevelopment and interest rate headwinds facing the seniors housing and care industry, would that robust M&A market continue into 2018? That’s what our panel of experts, including Torey Riso, the new CEO of Blueprint Healthcare Real Estate Advisors, Scott Kremeier, SVP at Houlihan Lokey, and Tony Crooks, Director at AEW Capital Management, were there to discuss. But we also wanted to hear from our audience, and posed three questions:
Will average SNF prices continue to decline in 2018?
Will assisted living supply/demand reach equilibrium by December 2018?
What is the biggest issue facing operators today? (choose one)
Cost of labor 41%
Too much development 24%
Quality of labor 34%