Transactions & Financings: Ziegler Arranges Bond Financing, Arcapita Grows U.S. Portfolio

Ziegler Arranges $200.6 Million Bond Financing Ziegler announced the closing of the Trousdale Foundation Properties $200,570,000 Series 2018 bonds. Ziegler served as the underwriter and placement agent for the bonds which were issued in various series including tax-exempt senior, taxable senior and tax-exempt subordinate bonds. Proceeds from the bonds were used to finance the acquisition and […]

Why Senior Housing Assets Are Taking Longer To Sell

Investor interest in senior housing remains strong and will continue for the foreseeable future, but the marketing period for assets has grown longer. This may signal a growing disconnect between buyers and sellers, but also reflects the expanding investor pool and current headwinds hitting the sector. Increased marketing time was among the findings of the […]

After 2 Years of Defense, HCP Is ‘Back To Playing Offense’ [UPDATED]

After a two year flurry of activity in which the REIT shed itself of poor-performing assets, reduced its exposure to Brookdale-operated properties and retooled its executive leadership, HCP (NYSE: HCP) announced it is ready for the future. “We have remade the company and we’re back to playing offense,” HCP President and CEO Tom Herzog said during […]

Transactions & Financings: Ziegler Takes Lead on Locust Point Fund, NHI’s $300M Loan

Ziegler Is Anchor Investor In Locust Point Private Credit Fund Ziegler announced it was an anchor investor in Locust Point Capital’s debut private fund, which closed earlier this month oversubscribed at $312 million. Ziegler and Locust Point have a relationship dating back to the mid-1990s, Managing Director and co-head of Ziegler’s Proprietary Senior Living Practice Don […]

Tech Beat: Royal Philips Acquires Blue Willow, Expands Senior Safety Portfolio

Royal Philips Acquires Blue Willow Systems Royal Philips acquired Blue Willow Systems, effectively expanding the Dutch health technology company’s resident safety solutions platform. Terms of the deal were not disclosed. Blue Willow, a cloud-based senior living community resident safety platform, will complement Philips’ CarePoint 6.0 safety platform by providing customers with new solutions for resident […]

Developer ZOM Living Dives Into Senior Housing With $180M Florida Development

With 10,000 baby boomers reaching retirement age every day for the next 20 years, more pure multifamily investors and developers are dipping their toes into the senior living waters, building modern product and amenities to meet the demand of this growing customer base. Orlando-based ZOM Living recently acquired a 46-acre waterfront site in Wellington, Florida, […]