Transactions and Financings: Ziegler Closes on $68.5M for Acts Retirement-Life Communities; Brookdale Secures $179.5M Refinancing

Financings JLL Capital Markets leads $179.5M financing for Brookdale JLL Capital Markets announced on Jan. 9 that it closed on a seven-year fixed rate loan of $179.5 million on behalf of Brookdale. According to a press release, the loan was done through Fannie Mae, and the proceeds were used to refinance a seven-year tranche of […]

Transactions and Financings: Helios Arranges $9 Million Loan; Goodman Group Adds Community

Transactions Helios arranges $9 million bridge-HUD loan for Texas senior housing provider Helios Healthcare Advisors announced on Sept. 12 that is has arranged a $9 million bridge-HUD loan for an unnamed Texas senior housing provider. The loan is part of an initiative to “recapitalize the borrower’s” 12-location portfolio, and the loan will be used for […]

Changemakers: Bryan McCaleb, President, Sagora Senior Living

Bryan McCaleb is the President of Sagora Senior Living, an organization focused on serving residents, meeting their needs, and exceeding their wants with exceptional residential alternatives for seniors. Through the Changemakers series, McCaleb shares insight into his organization’s team member-focused mantra and how it has enabled Sagora to scale in a competitive senior housing landscape. […]

Sagora Takes Over Operations for 12 Former Eclipse Communities in 9 States

Sagora Senior Living is taking over management of a dozen middle-market senior living communities once operated by Eclipse Senior Living, the national operator that is ceasing operations in early 2022. The addition of the 12 properties — located in Florida, Illinois, Oklahoma, West Virginia, New York, Ohio, North Dakota, Mississippi and Texas — brings Sagora’s […]

Transactions & Financings: Bridge Adds 4 Communities; Watermark Awarded $75M Credit Facility

BMO Harris provides $75M credit facility to Watermark, 2 Developers BMO Harris Bank’s Healthcare Real Estate Finance group closed on a syndicated $75 million senior facility to Largo Land Development and Watermark Retirement Communities to finance the construction of a 219-bed independent living, assisted living and memory care community and 64-unit 55-plus active adult community […]

In the Pipeline: Thrive’s First Maryland Community; Benchmark Expands on Long Island

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Assisted Living, Memory Care Community Planned in Connecticut Senior Living Advisors (SLA) recently […]

Welltower Supports Brookdale Changes, Defends Genesis Moves

Welltower Inc. (NYSE: HCN) is upbeat about the year ahead, despite the fact that two of its largest tenants are in rough waters and headwinds are hitting both the senior living and skilled nursing industries. The Toledo, Ohio-based real estate investment trust (REIT) is one of the largest senior housing real estate owners in the U.S., with a portfolio of hundreds […]

Movers & Shakers: Springpoint Senior Living, Sagora Senior Living

SHN’s Movers & Shakers Column is sponsored by the SHN Job Board. To look for a new job for yourself or a friend, visit https://jobs.seniorhousingnews.com. If you’re an employer, post your senior living jobs with us and attract the industry’s best-read professionals today. Have hiring/staffing announcements? Send them to [email protected] Springpoint Senior Living Promotes Woodward […]

Welltower Bullish on Senior Housing JVs After Stellar Results

Welltower Inc. (NYSE: HCN) wants to expand its joint ventures with operating partners, to capture some of the financial upside from communities that are outperforming their local markets. But don’t expect the real estate investment trust (REIT) to partner with Brookdale Senior Living (NYSE: BKD) on these types of JVs, at least any time soon. […]