Discovery Senior Living Explores Billion-Dollar Sale
Owners of Discovery Senior Living are exploring a sale that could value the major US operator at over one billion dollars. The firm operates roughly four hundred fifty communities and works with William Blair on the process.
Discovery Senior Living is exploring a sale that could value the operator at over $1B, according to two people familiar with the matter. The process highlights growing investor demand for residential property management assets amid an aging demographic wave. The United States senior housing sector has attracted heightened private equity interest as recurring fee models draw capital from institutional investors.
