Transactions & Financings: Invesque’s $80M Credit Facility; Thrive Acquires Georgia Senior Living Community

Invesque secures $80M credit facility People’s United Bank, a subsidiary of People’s United Financial (Nasdaq: PBCT), announced its healthcare finance and capital markets divisions served as lead arranger and administrative agent for an $80 million senior secured credit facility to Invesque (TSX: IVQ.U). The facility will be used to refinance existing debt associated with the […]

Senior Housing Finance Activity: Ziegler, Lancaster Pollard

Lancaster Pollard Secures $7 Million Refinancing for New York Assisted Living Community Lancaster Pollard recently assisted The Lake Shore Assisted Living Home, a 200-unit assisted living community in Lake Ronkonkoma, New York, with a $7 million refinance utilizing the FHA Sec. 232/223(f) program. The Lake Shore Assisted Living Home was searching for a more beneficial long-term debt […]

Movers & Shakers: Executive Director Appointments

Covenant Village of Colorado Selects Executive Director Covenant Village of Colorado appointed Kent Mulkey as executive director for Covenant Village of Colorado, a faith-based, not-for-profit continuing care retirement community (CCRC) located in Westminster, Colorado, and administered by Covenant Retirement Communities. Mulkey has 18 years of experience in senior housing leadership, including management, training and operations […]