60 Seconds with Swett: Adapting to the 2025 M&A Market
The M&A market is slowly shifting, with increased liquidity, further stabilizing operations and some larger and higher quality deals hitting the market. Perhaps things are not moving as quickly as some want, and cap rates are not compressing enough to attract certain sellers to the market. But interest rates have been the major drag on dealmaking, values and lending, and the recent chaos around tariffs did not help. So how are dealmakers taking advantage of the current market dynamics? When does it make sense to sell a Class-A stabilized asset these days if cap rates are not where they were several years ago? And what is going on in the debt markets that potential buyers need to be... Read More »
60 Seconds with Swett: Medicare Advantage Sees A Pay Bump
As the healthcare industry braces for whatever impacts tariffs may have on operations, an impossible task to predict accurately given the flux on that matter, providers also are welcoming a new head of CMS, Dr. Mehmet Oz, who was confirmed by the Senate last week. There is some uncertainty on how the Trump Administration will treat healthcare providers overall, specifically in the senior care industry, with some positives coming from the end of the minimum staffing mandate and an overall friendlier business climate, versus the threat of increased scrutiny on Medicare and Medicaid spending with respect to fraud and abuse potentially contributing to falling revenues. When reading the tea... Read More »
60 Seconds with Steve Monroe: Here We Go Again
Investigate, investigate, investigate. Regulate, regulate, regulate. Why not assist? Why not help? Why not try to understand? Liz, Ron and Kirsten, of U.S. Senate fame, have asked the GAO to investigate the assisted living industry and to see if federal oversight is needed. Really? Are we going down this road again? How did that work out for the nursing home industry? As we know, the assisted living sector is predominantly private pay, unlike nursing homes, but the senators are using information from state Medicaid agencies to back up their claims. I suppose I could see them investigating any assisted living community that is receiving Medicaid funds to make sure the money is wisely spent,... Read More »
60 Seconds with Swett: Loneliness, Health and the Active Adult Opportunity
We came across a recent survey by U.S. News & World Report that interviewed seniors who moved into either independent living, assisted living or memory care in the last two years, trying to gather how seniors experience social connection within their communities and also how they gauged their loneliness and health trajectories leading up to their move. To no one’s surprise, the percent of seniors who felt lonely a majority of the time dropped from 69% before the move to seniors housing to 42% afterwards, still a large share, unfortunately. A smaller percentage reported taking part in more activities, more physical activity or finding meaning or purpose in daily life more often after... Read More »
60 Seconds with Swett: The Demand for SNFs
We had a fantastic webinar last week that covered our recently published valuation statistics from The Senior Care Acquisition Report but also how valuations, the lending environment and M&A strategies are changing in 2025, so far. Jason Punzel of Senior Living Investment Brokerage, Steve Munn of VIUM Capital and JP LoMonaco of CBRE joined me for the discussion and all had fascinating and useful takeaways on the current state of the market. I ended the webinar with a question about what type of property each panelist would purchase themselves, if they had the equity to finance the rest of the acquisition with debt. Although much of the webinar centered around the seniors housing... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
