Senior Housing Finance Activity: SQLC Surpasses $1 Billion in Financing

Senior Quality Lifestyles Corporation Surpasses $1 Billion in Financing Since 1999 Dallas-based senior living community developer Senior Quality Lifestyles Corporation has surpassed $1 billion in financing since it was founded in 1999. In 2015 alone, SQLC has secured more than $254 million in new funds for expansion, upgrades and refinancings of several of its continuing […]

Senior Housing Investors Net Healthy Returns

Financially, the senior housing market is in good shape, with return on investment eclipsing other major real estate property types. Over a seven-year period, senior housing returns have outperformed the National Property Index (NPI) and multi-family housing in total returns, income returns and appreciation. These and other findings were reported in the CBRE National Senior Housing […]

Senior Housing Finance Activity: Berkadia, RED Capital

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 […]

Senior Housing Finance Activity: CBRE, Lancaster Pollard

Grandbridge Arranges $10.5 Million Refinance for Phoenix Community Grandbridge Real Estate Capital LLC, a national full-service capital provider headquartered in Charlotte, North Carolina, arranged a $10.5 million refinance loan for Avista North Mountain, a senior housing community in Phoenix, Arizona. “This debt financing marks an important milestone for Avista North Mountain and our company,” Kristopher […]

Senior Housing Finance Activity: Health Care REIT, CBRE

Health Care REIT Purchases $56.7 Million Fort Collins Complex  Health Care REIT (NYSE: HCN) purchased a senior living complex in southeast Fort Collins, Colorado for $56,740,000. The Ohio-based REIT bought the property, MacKenzie Place on Aug. 31, marking its eighth senior housing purchase in Colorado. The property is located at 4750 Pleasant Oak Drive and […]

Senior Housing Finance Activity: Ziegler, CBRE

Ziegler Closes $34.5M Financing for Conn. CCRC Ziegler, a specialty investment bank, closed a $34,510,000 tax-exempt, fixed-rate Series 2015A Church Home of Hartford’s Series 2015A Bonds. Church Home of Hartford d/b/a Seabury (the Obligor), a new client to Ziegler, is a Connecticut not-for-profit corporation formed in 1876.  In 1992, the Obligor established Seabury, an interfaith, active Type-A continuing […]

Senior Housing Finance Activity: Prudential Mortgage, Ziegler

Prudential Mortgage Refinances $41M For Md. Senior Living Community  Prudential Mortgage Capital Company provided a $41 million loan to Fountain Square Properties to refinance Kensington Park, a class A independent, assisted and memory care community located in Kensington, Md.   Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE: […]