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The effects of the Covid-19 pandemic are reshaping the senior living marketplace, with the rise of mid-size operating companies an accelerating trend.
In just the last few weeks, we’ve reported on numerous transactions showcasing how senior living providers of roughly 10 to 30 communities are gaining scale, including:
- Juniper Communities has added 8 communities and entered the state of Texas
- Oaks, Phoenix, Charter and Cedarhurst are assuming management of Diversified Healthcare Trust communities
- Anthology Senior Living forged a 3-property development JV with Harrison Street
- Oakmont Senior Living plans to double the size of its portfolio with Welltower
- Innovation Senior Living acquired one community and plans to add a dozen or more
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The post Rise of Mid-Sized Senior Living Providers Accelerates In Flurry of Deals appeared first on Senior Housing News.
Source: For the full article please visit Senior Housing News