This week on Senior Housing News, readers learned about BMO Harris Bank’s new group focused on senior care, as well as the project that won the Best of Stand-Alone Memory Care award in the 2015 SHN Design Awards. They also tuned in to see how artwork can benefit senior living communities. Here in the newsroom, […]
Category: Round-Up
Welltower Completes $700 Million Senior Unsecured Note Offering Toledo, Ohio-based Welltower Inc. (NYSE: HCN) has successfully completed its offering of $700 million in aggregate principal amount of 4.25% senior unsecured notes due April 1, 2026. The notes were priced at 99.227% of their face amount to yield 4.345%. “This transaction demonstrates Welltower’s disciplined approach to […]
This week on Senior Housing News, readers learned how Chicago-based Ventas Inc. (NYSE: VTR) is handling oversupply challenges and discovered the latest Griffin-American real estate investment trust (REIT) as it launched a $3.15 billion initial public offering. Readers also delved into the project that won 2015 Best Repositioning in the SHN Design Awards, and found out […]
This week on Senior Housing News, our readers took a closer look at oversupply fears and discovered The Renaissance Kilpatrick, the winning entry for the 2015 Senior Housing News Design Awards in the Affordable category. They also learned which positions earn the most in the assisted living space, and found out how one senior living […]
Capital Funding Group Closes 3 Bridge-to-HUD Loans For Skilled Nursing Facility Acquisitions Capital Funding Group, a full-service provider of comprehensive financing solutions for health care facilities across the country, announced the closing of three bridge-to-HUD loans for acquisitions in North Carolina, Texas and California. A $10.8 million bridge-to-HUD loan will finance the acquisition of Creekside […]
Now that 2016 is in full swing, Senior Housing News collected predictions for the year ahead from some of the top executives in senior housing. Readers also were interested in Holiday Retirement’s refinancing in the amount of $1.27 billion, as well as how more providers are refurbishing existing independent living products to maintain a competitive […]
Capital Funding Group Closes 3 Bridge-to-HUD Loans Capital Funding Group, a health care commercial lender based in Baltimore, Maryland, has closed on three bridge-to-HUD loans: a $7.9 million loan for the acquisition of two skilled nursing facilities in Texas; a $13.8 million loan for the acquisition of two SNFs in New York; and an $18.9 […]
After decorating our Christmas tree here at the Senior Housing News office at the end of last week, we got to work bringing you some of the latest happenings in the industry. Readers tuned in to learn about potential restrictions faced by non-traded real estate investment trusts (REITs) under a proposed Department of Labor rule […]
This week, our readers wanted to know where some senior housing providers are setting their sights for recruiting young talent. Readers also delved into another installment of “CEO Fresh Take” with Doug Lieidig, CEO of Asbury Communities Inc. Most Read Top Providers Pluck Fresh, Well-Trained Talent for Leadership Roles—With turnover rates around 50% for executive […]
Lancaster Pollard Arranges $1.8 million Bridge Loan for Nevada Assisted Living Community Lancaster Pollard, a financial advice and financing solutions company, has arranged a $1.8 million bridge loan for Reno Valley Assisted Living & Retirement Center, a 118-unit assisted living community in Reno, Nevada. Acquired in 2013, the community has undergone a turnaround process, and […]