In our 2015 Senior Care Acquisition Report, which will come out later this month, we dissect over 70 statistics in the senior housing and skilled nursing M&A market. Here is a sneak peak at one of them. It was no surprise that the Northeast region topped the charts in terms of the average price paid per unit in seniors housing (independent and assisted living), at $281,700 per unit. But, all regions, including the perennial lowest cost North Central region with $147,000 per unit, significantly increased in value on a price per unit basis from 2013 to 2014.
However, on the development side (looking at seniors housing developments since early 2013), the most expensive region to build was not the Northeast (which came in second with an average cost per unit of $247,700), but in fact was the West, which averaged $274,600 per unit. The other three regions were grouped together around $185,000 per unit. The West and Northeast also took the top two spots on the acquisition side, so there are still similarities.
