Today, Wednesday July 24th at 1pm ET, we are hosting our second Quarterly Investor Call, and it comes at a time of record-high M&A activity and no slowdown in sight. How are dealmakers doing it with all of the hurdles and higher costs associated with closing transactions these days, not to mention low valuations not inspiring many potential sellers to get off the sidelines. It turns out that need is trumping desire to sell for many owners right now, with few believing that the capital markets environment will improve dramatically, and quickly. So, rather than wait a year, they are facing the music, and often a loss on their books, to move on from a property that was either struggling for too long or was coming up on its maturity.
We know there are still many owners out there contemplating a sale, many buyers wanting to jump into the action, and a number of lenders that have been quiet on the seniors housing and care front for too long. So we have convened another panel of dealmaking experts to present relevant case studies pointing out the potential pitfalls of doing a deal today, what to expect with pricing and other lessons learned. They’ll be answering audience questions, too, so you’ll want to be there. See you soon (and register here: https://www.levinassociates.com/2407webinar/).