Senior Living M&A and Operating Recovery Accelerate

Senior living remains on track for a third consecutive record-breaking M&A year, with nearly $4 billion in announced Q2 deals and improving occupancy and margins. Sonida's $1.8 billion CNL Healthcare Properties merger, Foundry's Allegro/Spring Arbor platform, American House Myrtle Beach, and LCS's reported $72 million Clarendale of Mokena sale reinforce active institutional investment and portfolio trading.