One of the nation’s largest senior housing operators is reportedly exploring a sale that could value the company at more than $1 billion, underscoring growing investor interest in senior living platforms.
According to a recent report, demand for independent living, assisted living, memory care, and continuing care communities is projected to rise sharply. The aging population is also expected to drive demand for healthcare services.
Nuveen Real Estate has moved into the healthcare sector in a big way. Since 2019, the leading investment manager has built a portfolio of more than $2.5 billion. With the sector poised for even greater growth due to the increasing popularity of MOB’s as well as the mounting demand for senior living facilities, Nuveen is planning to increase its investment.
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