Sizable transactions from real estate investment trusts helped propel senior housing and care merger and acquisition activity higher in the second quarter of 2021 than the first quarter, Senior Housing News reports.
The number of publicly announced senior housing and care acquisitions in the second quarter of 2021 rose to 109 deals, representing a 31% gain from the 83 deals made public in the first quarter of 2021 and a 79% gain over the second quarter of 2020, according to new data from Irving Levin Associates.
The deals in the second quarter 2021 totaled about $6.74 billion, a 138% gain from the previous quarter’s deal total of $2.83 billion. Read more.
