This past February, M&T Bank Corporation announced its intention to merge with People’s United Financial, Inc. with M&T Bank as the surviving entity. The merger—expected to close in October—brings together two powerhouse seniors housing and care lenders.
The senior living industry has adapted and evolved through the COVID-19 pandemic. In the latest NIC Leadership Huddle, titled “Trends That Will Shape Senior Living Post-Pandemic,” subject matter experts discussed how the pandemic has shaped the industry, and how some changes will likely remain. They explored trends to watch for, both short term and long term – and identified best practices to help operators and their capital providers stay ahead of the curve.
Seniors housing investors are re-examining their portfolios—as well as their strategies for new transactions in 2021. Attendees of the latest NIC Leadership Huddle, titled, “Seniors Housing Equity Players Talk Investment Strategy” heard how three equity capital providers are viewing seniors housing as an investment opportunity today. The discussion included real-life examples of recent acquisitions and dispositions, as well as go-forward investment strategies in a post-pandemic world.