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"Consumers still seek the convenience and instant gratification that comes with the in-store experience," said Ryan Kratz, President of Colliers International's southeast region.
Most inventory added in Q2 since 2017, with strong absorption rates and slight increase in rents. Sales have slowed to a crawl, but Colliers sees "a conglomerate of deals" once pandemic conditions improve.
The frequency of senior housing M&As and deal values were down in Q2, according to public data collected by Irving Levin Associates. The publisher also noted M&A deals may continue to falter before it rebounds.