Senior Living Nonprofit Christian Care Files for Ch. 11 Bankruptcy

A not-for-profit senior living operator with three communities in the Dallas area has filed for Chapter 11 bankruptcy after challenges exacerbated by the Covid-19 pandemic, with a stalking horse bidder already lined up for a bankruptcy sale. The operator, Christian Care Communities & Services (CCC&S), has three communities in the Dallas/Fort Worth area totaling 760 […]

Senior Housing Finance Activity: NHI, Capital Funding

NHI Announces $14 Million Construction Mezzanine Loan National Health Investors, Inc. (NYSE: NHI), a real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments, has entered into a construction mezzanine loan commitment with its tenant, Senior Living Communities, LLC (SLC), for the development of […]

In the Pipeline: Senior Housing Construction Projects (10/2/14)

Construction: Planned Development Group Plans Construction of Henderson, Nevada Project to Include Senior Housing Developers of a massive, $1.2 billion multi-use development including a senior housing component are readying to break ground in Henderson, Nevada, near Las Vegas.  The long-planned project has been met with its share of hurdles, but local reports indicate the project […]

In the Pipeline: Senior Housing Construction Projects (9/4/14)

Construction: Planned Pinkard Construction to Build New Villagio Senior Living Community in Colo. Pinkard Construction, along with Van Tilburg, Banvard & Soderbergh Architects, have been selected as general contractor and architect on the newest Villagio Senior Living community in Broomfield, Colo.  The project is a 51-unit “Memory Care Continuum,” the companies stated in a release. […]