Who buys assisted living facilities?
Direct answer
Assisted living facilities are bought by owner-operators, regional operators expanding their portfolios, real estate investors and family offices, 1031 exchange buyers, private equity firms, REITs, and nonprofit or mission-driven organizations. Which buyers are most active depends on the community's size, location, condition and occupancy.
What to know
Owner-operators and first-time buyers often target communities of 16 to 50 beds and frequently use SBA financing.
Regional operators buy communities that fit their markets and care model, and they can move quickly on licensing.
Investors, family offices and private equity firms usually pair with an experienced operator or management company.
1031 exchange buyers need real estate that qualifies and closes within their 180-day window.
Value-add buyers target communities with occupancy below 75% or operating problems, and they price on today's income.
How Haven helps
Haven represents every type of buyer and markets communities confidentially to its registered buyer network. Learn about selling with Haven.