In 2023, senior living mergers and acquisitions were challenged thanks to market distress, a wide bid-ask spread and a lack of clarity about the road ahead. That appears to be changing in 2024. For one, many owners of distressed properties are finally out of financial runway and are making tough decisions about what to sell […]
Senior living industry fundamentals continue to look better as new construction stays low and operations continue to improve, but certain headwinds and uncertainties remain. That’s according to Zach Bowyer, Cushman and Wakefield senior managing director, following the release of the latest investor survey and trends report. “We all know the current interest rate environment is […]
Financings CBRE Arragned $23M Financing for Community CBRE National Senior Housing announced it arranged a 10-year bridge loan wroth $23.3 million for a senior living community in Seattle. The community – developed and owned by Capital Seniors Housing – is a 93-unit assisted living and memory care community that was originally a children’s hospital built […]
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Financings Ziegler Closes on $197M for Construction, Development Ziegler announced the successful closing of $197.7 million in Series 2022 Bonds that will be used for acquiring, developing and building a Texas-based senior living community for Forefront Living. Formerly known as Forefront Living Plano, the Outlook at Windhaven Forefront Living is a planned senior living community […]
Financings Ziegler Closes $71 M for Virginia Community Ziegler announced the successful closing of $71 million Series 2022A and 2022B bonds for Shenandoah Valley Westminster-Canterbury (SVWC). SVWC is a nonprofit organization that operates a Westminster, Virginia-based life plan community with nearly 400 residents with 218 independent living units, 48 assisted living units, 12 memory care […]
Financings VIUM Capital Closes $1B in Q2 VIUM Capital, a senior housing and healthcare lender, announced that 2Q2022 was the most productive quarter in the company’s history with $1.1 billion in transactions. The active second quarter brings the total volume of deals to $1.4 billion over 44 loans including financing projects in 16 states. Columbus, […]
Transactions The Green House Project and the Pioneer Network Team Up The Green House Project and Pioneer Network announced they would enter into a formal alliance with the goal of sparking cultural, organizational and physical change in senior living and senior care. The two brands share roots and have long worked together. The Pioneer Network […]
Earlier this month, PGIM Real Estate and Revera Communities affiliate Signature Senior Lifestyle announced a joint venture to develop and manage senior housing communities in the United Kingdom, focusing on submarkets in the greater London area with strong demographic demand. Earlier this week, global real estate services firm Cushman & Wakefield (NYSE: CWK) announced that […]
A majority of senior living professionals believe that the Covid-19 pandemic will result in permanently higher operating expenses. That’s according to the 2020 Seniors Housing Investor Sentiment Survey from National Real Estate Investor and the National Center for Seniors Housing & Care (NIC). This year’s survey garnered responses from 167 participants from a range of […]
