Transactions & Financings: Greystone Closes Largest-ever CLO; 4 Atria Communities Transition to Vitality

Financings Greystone closes on largest health care CLO Greystone announced it closed on a $450 million commercial real estate collateralized loan obligation (CLO), besting its own benchmark of $300 million set back in 2018. Like the CLO in 2018, this CLO is backed exclusively by bridge loans for health care projects, according to a statement […]

Developers Eye Hotel Conversions as Next Senior Living Opportunity

As senior housing development continues to take cues from the hospitality industry, conversion projects that transform defunct hotels into senior living communities might be more trouble than they’re worth, though it largely depends on the property type. Resident acuity levels and complying with varying states’ building code requirements makes hotel conversions more feasible projects for […]