Transactions and Financings: Erickson Receives $185M Construction Loan; Blueprint Surpasses $1B in Texas Sales 

Financings CFG closes on $185M construction loan for Erickson Capital Funding Group (CFG) announced on Sept. 4 that it closed on a $185 million construction loan on behalf of Erickson Senior Living. According to a press release, the financing will support the first phase of construction for The Grandview, a continuing care retirement community currently […]

Sonida Senior Living CEO: Operational Improvements, Recent Restructuring a ‘Launching Point’ for Recovery, Growth

A “pivotal” second quarter and debt restructuring to shore up its balance sheet has set up Sonida Senior Living (NYSE: SNDA) for future rate growth, occupancy gains and investments, according to CEO Brandon Ribar. Last month, Sonida announced a debt restructuring and an equity infusion agreement covering 49 assets financed by Fannie Mae and Ally […]