HFF Describes Careful Process Leading to Baptist Health-Belmont Village Venture

Baptist Health South Florida was exploring entering the senior housing space long before its groundbreaking partnership with Belmont Village Senior Living. The largest health care group in South Florida reached out to Dallas, Texas-based real estate capital market advisers Holliday Fenoglio Fowler (HFF) two years ago to learn more about senior housing, and to find […]

Transactions & Financings: Revera’s Tech Investment; KeyBank Lends $159 Million for Acquisitions

KeyBank provides $159 million in acquisition financing to ReNew Investors KeyBank Real Estate Capital Senior Vice President Laura Conway and Senior Vice President Brandon Taseff arranged over $159 million in financing to ReNew Investors and affiliated entities, for the acquisition of eight senior housing communities in Michigan, Pennsylvania and Virginia. The acquisitions were made over […]

Ingleside CFO Myers: It’s Eat or Be Eaten for Senior Living Nonprofits

While for-profit senior living providers are positioning themselves to thrive in the crucial years ahead, many not-for-profit providers are simply trying to survive the next decade. And there’s a good chance that many of those nonprofits could end up as acquisition targets, according to Tim Myers, CFO and COO at Rockville, Maryland-based senior housing and […]

JLL Announces $2 Billion HFF Acquisition, Recently Made Senior Housing Hires

The real estate capital markets landscape was shaken up Tuesday with the news that commercial real estate services brokerage JLL (NYSE: JLL) announced a definitive agreement to buy Dallas-based capital markets provider HFF (NYSE: HF) in a cash and stock transaction valued at $2 billion. Both firms are active players in senior housing and generated […]

Belmont Village CEO: New Baptist Health JV a First for Senior Living

Senior housing operators partnering with health care providers is a growing industry trend. Belmont Village’s newly announced partnership with Baptist Health South Florida, however, may be the first of its kind. The joint venture will develop a pipeline of Belmont Village communities, starting with the planned construction next year of Belmont Village Coral Gables. This […]

Transactions and Financings: SunTrust’s $67 Million Loan; Watermark Expands Management Portfolio

SunTrust provides $67 million construction loan for South Carolina community expansion Rolling Green Village, a non-profit continuing care retirement community (CCRC) in Greenville, South Carolina, secured a $67 million loan for an expansion project that broke ground last August. The loan was provided by SunTrust Banks. When completed in fall 2020, the expansion will include […]

Student Housing Developer Valeo Starts Building Vineyard Senior Living Brand

An owner, developer and builder of student housing is growing in the senior living business in a big way. Charlotte, North Carolina-based Valeo Groupe Americas — an affiliate of global firm Valeo Groupe — already has two communities under construction in Henderson, Nevada, and Bluffton, South Carolina. But that’s just the beginning of the company’s […]