Category: Finance and Development

Senior Housing Finance Activity: Cushman & Wakefield, Ziegler

Cushman & Wakefield Arranges $53.4 Million in Construction Financing for LCB Senior Living Developments in Massachusetts Cushman & Wakefield Senior Housing Capital Markets, a global real estate services firm, has arranged $53.4 million loan in construction financing and joint venture equity for LCB Senior Living’s two Read More »

Senior Living Veteran Charged with $190 Million Investment Scam

Christopher Brogdon stands accused of defrauding investors in senior care properties. An industry veteran, Atlanta-based Brogdon is the current president and director of Global Healthcare REIT and until recently served on the board of AdCare Health Systems (NYSE MKT: ADK). Since 1992, Brogdon has raised Read More »

Financing Without Fear: Program Expands Senior Housing Lending Options

Would you convert senior housing units into assisted living, if doing so would lead to refinancing problems down the line? In the past, some providers faced this choice. But that has changed, thanks to new rules under a U.S. Department of Housing and Urban Development Read More »

[Updated] AR Capital Halts Fundraising for Senior Housing REIT

Times have certainly changed for AR Capital LLC (ARC) since the $2.6 billion sale of  ARC Healthcare REIT to Ventas Inc. (NYSE: VTR) last year. ARC, one of the largest sponsors of non-traded real estate investment trusts (REITs), has announced it will suspend new capital fundraising Read More »

In the Pipeline: Senior Housing Construction Projects (11/19/15)

Construction: Planned Presbyterian SeniorCare Plans Memory Care Community for Pa.  Presbyterian SeniorCare this week announced plans to build a new memory care community—the first of its kind for Washington County, Pa. Woodside Place of Washington will be based on the Woodside Place of Oakmont community, Read More »

Senior Housing Investments & Transactions: IPA, Greystone

CCRC in St. Charles, Missouri, Sold by IPA for $17 Million Institutional Property Advisors (IPA), a division of Marcus & Millichap Inc. that specializes in serving institutional and major private real estate investors, announced the sale of Carrington Place of St. Charles, a 294-bed, 234-unit continuing care Read More »

Editor’s Picks: Mainstreet’s Big Play, REITs Offloading Assets

This week, Senior Housing News readers were curious about Mainstreet’s new company in Canada, and learned more about the senior housing properties REITs have been offloading. Readers were also clued into the philosophy of Virginia Baptist Homes’ new president and CEO, as well as why Read More »

In the Pipeline: Senior Housing Construction Projects (11/12/15)

The Tower at The Buckingham

(The Tower at The Buckingham – a Houston CCRC sponsored by Senior Quality Lifestyles Corporation) Construction: Planned MorningStar Senior Living Plans Groundbreaking for Colo. Community Denver-based MorningStar Senior Living plans to break ground in Spring 2016 on a new community in Arvada, Colo. at 64th and Read More »

New Players Attack Unmet Post-Acute Demand

It appears that Mainstreet has some emerging competition in the transitional care space, as a pair of new entrants embark on an aggressive pipeline to develop several short-term rehabilitation facilities primarily located in the Southwest. National Healthcare Realty (NHR), a development company formed earlier this year Read More »

Regional Providers Gobble Up REITs’ Unwanted Properties


Large senior housing owners are offloading assets—and smaller, regional providers are gobbling them up. There appears to be both rhyme and reason as to why, and where, this is occurring. The larger offloading trend can be attributed to the acquisition spree that REITs, in particular, have embarked on over Read More »