60 Seconds with Swett: Annual M&A Activity Shatters Records
We may sound like a broken record, but the M&A market keeps setting records and reaching new heights in the seniors housing and care industry. And it is smashing the previous records. In 2025, LevinPro LTC recorded 871 publicly announced transactions, which broke the previous annual record set in 2024 by 21%. Not only that, 2024’s total had beaten the previous annual record by 28.5%. So we have been on a proverbial rocket ship in the last two years. Much of the activity has centered around the seniors housing market, as despite intense buyer demand for skilled nursing facilities, there has been a relative dearth of facilities available for sale. Seniors housing deals, meanwhile, have... Read More »
60 Seconds with Steve Monroe: You’ve Got To Be Kidding
Sadly, we are not kidding. President Trump has shown his true colors, and his true loyalty to the almighty dollar, with yet another pardon of one of the bad boys of senior care. But this bad boy is the worst of the group. We are referring to the just announced pardon of criminal Joseph Schwartz, the former owner of Skyline Health. Several months ago, after his last senior care pardon, we ended a story with, who’s next, Joseph Schwartz? We were kidding, but not laughing now. Not only did he commit a nearly $40 million fraud against us, the taxpayers, but he also put the well-being of several thousand patients in his nursing homes in jeopardy as he sucked as much cash out of them as he could... Read More »
60 Seconds with Steve Monroe: Record M&A Year, Again
You may start to get tired of hearing us talk about all the records being set, but we will never tire of it. As of November 11, we have passed last year’s record of total acquisitions in the seniors housing and care sector, now standing at over 720 deals, according to LevinPro LTC. And we thought last year was an amazing year! The good news is that pricing has been relatively reasonable so far, mostly because of still-high interest rates and lenders not getting too aggressive. What we don’t know is how long this will last. “Stupid” money that has appeared in previous rising markets has not yet reared its ugly head, but that will probably change. Everyone is looking for a growing market,... Read More »
60 Seconds with Swett: October Smashes M&A Record
We were predicting a record-breaking end to the year in terms of M&A activity, but we are not sure we expected a 100+ deal month, with 110 transactions and counting. Just to put that in perspective, the previous record for any month was 77 deals in October of last year, and only four months had previously broken the 70-deal barrier. So this October beat the previous record by 43%, and it’s still just a preliminary total. That is out of this world. There were nearly 100 separate buyers, according to the individual deal data available in LevinPro LTC, the most prolific being, unsurprisingly, Welltower. But Welltower’s activity is actually understated in the figures, as a significant... Read More »
60 Seconds with Swett: Previewing Our Capital Markets Conversation
We know that the capital markets have made the biggest impact on M&A activity and property valuations in the last several years, changing the size of possible deals, the makeup of the properties sold and the buyers that could actually buy. Now that the capital markets have substantially improved and are getting better, barring a sudden and lasting trade war with China, how is the psyche of lenders, buyers and sellers changing in the senior care industry? What terms are now possible to refinance your seniors housing community? Are deals possible that did not pencil last year? Should sidelined sellers jump back into the M&A market? And how are growth strategies going to change in... Read More »Schedule a demo
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