Financings Zeigler Closes $30M For Florida-Based Community Zeigler announed the successful closing of $30 million of Series 2022 Bonds for a Florida-based life plan community. The community — called Vicar’s Landing — will use these funds along with other funds to finance a portion of an ongoing expansion plan, fund a debt service reserve fund, […]
Blueprint Healthcare Real Estate Advisors
For many operators, senior living occupancy and resident rates have grown in 2022. Margins have not followed suit. While occupancy and rate increases have driven revenue higher in recent months, increased labor expenses and cost inflation of certain goods and services are hampering margin growth across the industry. The squeeze on NOI margins puts senior […]
Financings VIUM Capital Closes $200M in Senior Housing, Healthcare Vium capital announed it closed approximately $200 million worth of deals in seniors housing and healthcare in the month of August. The $200 million figure comes from six financings that included 28 separate projects in nine different states. For example, Vium closed on a $7.7 million […]
Financings JLL Capital Markets Arranges $30M for Refinancing JLL Capital Markets (NYSE: JLL) announced it arranged $29.57 million for refinancing for a Washington-based senior living community. The community — Mirror Lake Village — is a 114-unit IL, AL and memory care community located in Federal Way, Washington near Puget Sound with amenities like an outdoor […]
Financings Ziegler Closes $71 M for Virginia Community Ziegler announced the successful closing of $71 million Series 2022A and 2022B bonds for Shenandoah Valley Westminster-Canterbury (SVWC). SVWC is a nonprofit organization that operates a Westminster, Virginia-based life plan community with nearly 400 residents with 218 independent living units, 48 assisted living units, 12 memory care […]
Sales Grandbridge Closes $45M Sale of Florida Community Grandbridge Real Estate announced that its Tampa-based Senior Housing Investment Sales team arranged the sale of a 223-unit senior living community in ChampionsGate, a submarket of Orlando, Florida. Fortress Investment Group purchased the senior living campus, which had experienced difficulties meeting operational covenants of the development bond […]
Acquisitions Green Courte Partners Announces Three Active Adult Acquisitions Green Courte Partners has announced that its investment fund, Green Courte Real Estate Partners V, and its affiliates have acquired three active adult cottage communities in the Oklahoma City area. The acquisitions bring the firm’s active adult portfolio to 17 communities, all of which are managed […]
Blueprint has named Ben Firestone as CEO and Jacob Gehl as the company’s chief vision officer. Company leadership also appointed Ryan Chase, Michael Segal and Steve Thomes as partners and executive managing directors. As CEO, Firestone is overseeing the the Chicago-based senior housing and health care real estate brokerage’s management team and provides strategic direction. […]
Acquisitions HMP Global Acquires SMASH Malvern, Pennsylvania-based HMP Global announced it has reached an agreement with Senior Care Events to acquire the Senior Care Marketing & Sales Summit (SMASH) from Senior Care Events, which is owned by Macgregor Communications and Validated Learnings. SMASH is a meeting for senior housing marketing and sales executives. The 2022 […]
Transactions Senior Living Residences expands to Connecticut Massachusetts-based Senior Living Residences has taken over management of Ridgefield Station Senior Living, an assisted living and memory care community in Ridgefield, Connecticut. Ridgefield Station, formerly Atria Ridgefield managed by Atria Senior Living, represents SLR’s second community in Connecticut. Sales Grandbridge Real Estate Capital closes dual sales to […]
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