Lument’s Head of Mergers and Acquisitions (M&A) Laca Wong-Hammond recently shared her expertise with Seniors Housing Business for a cover story on ways nonprofit seniors housing and care communities can not only survive but thrive in the current market conditions.
Nonprofits face more than their share of challenges, such as labor issues, high cost of capital, and low occupancy. In some cases, the best option may be to sell, as buyers remain eager.
“Construction costs have materially escalated, causing seniors housing construction starts to fall to their lowest level since 2010,” says Wong-Hammond. “This creates an opportunity for owners of underperforming hard assets to sell at elevated prices.”
Read at Seniors Housing Business
