Beyond the Numbers: Sherman & Roylance’s 2023 Highlights

  As we say goodbye to 2023, it's time to take stock of everything we accomplished and experienced. This year has been a testament to the Sherman & Roylance team's resilience, adaptability, and unwavering commitment to excellence in the senior housing sector.

Unprecedented Interest, Evolving Strategies

The year kicked off with a surge in interest for senior housing, underscoring the continued significance of this dynamic industry. However, the landscape wasn't without its challenges. Changing strategies in response to market dynamics led to a recalibration of demands, requiring our team to navigate through evolving trends and preferences with precision.

Navigating the Financing Maze: Transactions in a New Normal

Transactions, the heartbeat of our industry, encountered a new normal in 2023. The financing landscape witnessed rising interest rates and heightened requirements from lenders, resulting in deals taking more time than usual. Despite the challenges, our team's tenacity and strategic approach ensured successful transactions, showcasing our ability to thrive in complex financial environments.

Closing the Chapter on Bankruptcy Transactions & Leasing Changes 

One of the standout achievements for Sherman & Roylance in 2023 was successfully closing several bankruptcy transactions. This was a major highlight for our team, as it demonstrated our efficiency in handling intricate deals and finding solutions, even in the most challenging scenarios. 
Leasing dynamics in the senior living sector underwent a notable transformation in 2023. Leasing of SNFs and other types of senior housing became more prevalent, reflecting the adaptability of the industry. 

Looking Ahead to 2024

As we bid farewell to 2023, Sherman & Roylance is gearing up for another year of growth and excellence in senior living advisory. Our team is excited about the opportunities, challenges, and successes that lie ahead. Thank you for being part of our journey, and here's to a prosperous and fulfilling 2024!