The uncertainty of how serious a new Covid-19 variant could affect the leasing activity of assisted living communities seems to have influenced some buyers to stay on the sidelines,
Peter DeMangus, chief marketing officer, Solterra Companies, shared that sentiment with GlobeSt.com following data released by LevinPro LTC that after a record-breaking fourth quarter for seniors housing, activity fell by 9 percent Q1 2022.
REITS, private real estate investment firms and private equity accounted for a third of Q1's 127 transactions. LevinPro reported that one-third of PE deals were for majority-SNF assets and the remainder was for seniors housing deals.
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