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In 2024, there were 62 mergers and acquisitions that involved not-for-profit senior living organizations. The pace of acquisitions involving not-for-profit entities steadily increased between 2022 and 2024, from 48 in 2022, to 59 in 2023, and then to 62 in 2024.

In 29 of the 62 transactions in 2024, a not-for-profit entity acquired senior living facilities from another not-for-profit organization or from a for-profit entity. In 33 transactions, a for-profit entity acquired one or more senior living facilities from not-for-profit organizations. The number of transactions in which a . . .

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