Category: Finance

Age Has Little Bearing On Seniors’ Financial Capabilities

It’s not too far of a stretch to assume that aging and the onset of cognitive decline weighs on one’s financial decision-making later in life. However, a recent study suggests that waning cognition has a much greater impact in certain areas compared to others when it Read More »

Reports: HCP to Back Purchase of $900 Million UK Senior Living Portfolio

After recent speculation HCP, Inc. (NYSE:HCP) would be a target for acquisition due to inactivity, reports indicated the REIT is ready and waiting to close in on a new deal—a big one.  According to a United Kingdom report this week by HealthInvestor, HCP is getting ready Read More »

Senior Housing Finance Activity: Ziegler Closes $73M for New CCRC

Ziegler Closes $73 Million Financing for Ill. CCRC Development Ziegler recently closed issuance on $73,465,000 of Series 2014 tax-exempt, fixed-rate bond financing for the development of MRC The Crossings in League City, Texas, sponsored by Methodist Retirement Communities, a not-for-profit corporation. In December of 2012, Read More »

Ziegler: Bank Credit Options Evolving for Senior Living Finance

Bank credit options are proliferating for senior living borrowers in the post-2009 era, writes specialty investment bank Ziegler after seeing a substantial increase in lending last year for its clients.  Ziegler obtained around $823 million of bank credit for 30 borrowers in 2013, an increase Read More »

10 Questions For: T. Brian Pollard, Lancaster Pollard

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From delivering papers in deep snow at the age of seven to navigating the landscape for senior living today, Lancaster Pollard co-founder T. Brian Pollard is no stranger to adapting to changing conditions. Since its founding in 1988, Lancaster Pollard has grown to encompass an Read More »

Senior Housing Investments & Acquisitions: Ensign Group, Sabra, American Realty Capital

Ensign Group Acquires Ariz. Senior Care Center for $9M The Ensign Group, Inc. (Nasdaq:ENSG), the parent company of the Ensign group of skilled nursing, rehabilitative care services, home health care, hospice care, assisted living and urgent care companies, announced recently the acquisition of the Horizon Read More »

Senior Housing Finance Activity: Red Capital, HJ Sims, Prudential Mortgage

Cambridge Arranges $9.6M Loan for Mich. ALF Cambridge Realty Capital Companies reports arranging a $9,631,00 loan to refinance the Crystal Creek Assisted Living community located in Canton, Mich. The fully-amortized 35-year loan was arranged for the owner using the HUD Section 232/Section 223(f) funding program Read More »

Centerline Capital Launches New Senior Housing Lending Platform

There’s a new senior housing lender in town: an existing real estate mortgage services provider recently announced an expansion from its affordable and conventional multifamily housing finance platforms into healthcare. Centerline Capital Group has launched a new national healthcare lending platform that will fund loans Read More »

Health Care REIT: Unstoppable Forces Driving Senior Housing Demand

Health Care REIT, Inc. (NYSE: HCN) today reported record operating results for the quarter and year ended December 31, 2013, driven by “unstoppable forces” that will continue to benefit its senior housing portfolio. The company completed a record quarter of earnings with normalized Funds from Read More »

Ventas Not Worried about Non-Traded REIT Competition in Senior Housing

Ventas, Inc. (NYSE:VTR) is taking a ‘hakuna matata’ approach to its ability to compete with a growing number of non-traded real estate investment trusts entering the senior housing and healthcare market. “Our sector is large, it’s growing, it’s highly fragmented, and there are lots of opportunities,” Read More »