RED Capital Group Closes $11.1 Million Refinance for MBK Senior Living RED Mortgage Capital, the proprietary mortgage banking arm of RED Capital Group, LLC, has closed an $11.1 million refinance loan for Chancellor Gardens of Clearfield, an MBK Senior Living-owned and operated community located in Clearfield, Utah. “MBK was seeking a customized product for this […]
Brookdale Senior Living
This week, SHN readers delved deeper into the $1 billion acquisition of Trilogy Health Services LLC and learned who topped this year’s list of the largest senior housing owners and operators. Other top stories involved different technologies that help increase senior housing revenue and innovative programs aimed at upping senior living referrals. Here in the […]
In yet another demonstration of the huge scale Brookdale Senior Living (NYSE: BKD) achieved by acquiring rival Emeritus last year, the company seized the No. 1 spot—with a bullet—on the American Seniors Housing Association’s annual rankings of the largest senior housing owners in the United States. Brentwood, Tennessee-based Brookdale now owns 976 properties, totaling 82,356 […]
This week, SHN readers explored a top-10 list of the largest nonprofit senior living providers and learned about Brookdale Senior Living (NYSE: BKD) being named a top acquisition target by Goldman Sachs. Readers also discovered different pricing methods to convert more leads into move-ins. Here in the newsroom, we were interested in what the Wall […]
Goldman Sachs naming Brookdale Senior Living (NYSE: BKD) as one of six top acquisition targets in the health care sector earlier this week has refueled conversation about the future of the major senior living provider. But the Goldman report left one big question unanswered—who might the buyer be? No potential buyers stand out from the […]
Transaction volume within the senior housing sector is at an all-time high, and recently released research findings indicate that commercial real estate professionals don’t expect it to slow any time soon. At the end of the second quarter of 2015, approximately $17 billion in senior living transaction volume was recorded over the past 12 months throughout the United […]
Goldman Sachs has listed Brookdale Senior Living (NYSE: BKD) as one of six companies deemed likely acquisition targets in the health care sector, in a report dated Monday. Brookdale was the lone senior housing provider named by Goldman analysts in their report. All have at least a “medium” probability of being involved in an M&A transaction, […]
(The Tower at The Buckingham – Photo courtesy of Senior Quality Lifestyles Corporation) Construction: Planned Developer Planning $250 Million CCRC in Calif. San Luis Obispo, Calif.-based general contracting firm John Madonna Construction Co. is proposing a 342-unit continuing care retirement community (CCRC) on 111 acres in the area, reports San Luis Obispo’s The Tribune. John Madonna, […]
Brookdale Senior Living (NYSE: BKD) has experienced its share of growing pains after acquiring Emeritus last year. And now, three full quarters since, the nation’s largest senior housing provider continues to see some near-term shortfalls due to integration challenges—namely, turnover of communities’ management staff and ineffective marketing campaigns. In the second quarter ended June 30, […]
Ziegler Arranges Sale of Six-Property Portfolio to Griffin-American Healthcare REIT III Chicago-based specialty investment bank Ziegler recently announced the closing of the sale of the Brentwood Portfolio on behalf of SLCM, LLC., a developer and provider of senior housing in Indiana and Michigan. The portfolio, which was purchased by Griffin-American Healthcare REIT III under a […]