Senior Living Bond Default Woes Likely to Persist in 2023

The senior living bond market continues to grapple with bankruptcies and new defaults on the horizon as financial distress persists at the tail end of 2022 Senior living companies accounted for more than $600 million in first-time payment defaults, representing about 46% of the $1.33 billion of total first-time defaults so far in 2022, according […]

McFarlin Makes Initial Bid on 3 Christian Care Communities in Ch. 11 Auction

Three communities belonging to Dallas-based senior living provider Christian Care Communities and Services (CCC&S) will soon have a new owner months after the organization filed for bankruptcy. A stalking horse bidder was already lined up for a bankruptcy sale in May, with an initial bid starting at $45 million for communities Mesquite, Allen and Forth […]

Transactions & Financings: McFarlin Group Sponsors Global Investor; Greystone’s $24M HUD Loan

McFarlin Group is looking beyond the U.S. for senior housing investors. The Dallas-based fully integrated senior housing firm became a sponsor of Private Wealth Global, an investment platform focused on core-plus and value-add opportunities in the U.S. and Europe, particularly multifamily and health care. The move gives McFarlin access to investors in South America and […]

Senior Living Executive Forecast 2020: Workforce Crisis Just In First Inning

Though the year is new, the top issues worrying the industry’s leaders are not — particularly the workforce crisis. Staffing is still top-of-mind for executives at companies such as Brookdale Senior Living (NYSE: BKD), National Health Investors (NYSE: NHI) and Senior Star. Labor expenses are climbing for many senior living companies across the U.S., and […]

In the Pipeline: Senior Housing Construction Projects (4/10/13)

Construction: Planned Foreign Investment Program Propels Assisted Living Project With the help of a program that recruits foreign investors, Ridgeline Management Group is looking to break ground on a senior living community in Oregon as early as mid-summer, reports the Albany Democrat Herald. The 92-bed assisted living community will be a three-story 72,000-square-foot building on […]

In the Pipeline: Senior Housing Construction Projects (12/12/12)

Construction: Planned Flintridge Partners to Begin Construction on Calif. Community Flintridge Partners is planning to break ground on a new senior living community in Laguna Niguel, Calif., in early 2013. Crestavilla will be a resort-style community offering independent living, assisted living, and memory care services. The development, located on 11.5 acres, will also feature restaurants, […]