Epoch Senior Living, National Development Expand Upscale Waterstone Brand

Epoch Senior Living and its development partner, National Development, made a splash when they introduced the Waterstone brand in 2012. The first Waterstone building, located in the Massachusetts town of Wellesley, won the Senior Housing News Architecture and Design Award for Best Assisted Living, as well as the gold award for design from the National […]

Senior Housing Investments & Transactions: HFF, NHI

HFF Closes Sale of Seniors Housing Community in Florida Dallas-based Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of a seniors housing community in Melbourne, Florida, called Sonata at Melbourne. HFF marketed the community on behalf of the seller. Kayne Anderson Real Estate Advisors, a real estate private equity investor in off-campus student […]

Senior Housing Finance Activity: Sunrise, HCN, GE Capital, Lancaster Pollard

Sunrise Stockholders Approve Acquisition by Health Care REIT, Completed Jan. 9 Sunrise stockholders voted at a special meeting on Monday to approve the company’s previously-announced merger with Health Care REIT, Inc. (NYSE:HCN). A majority (98.3%) of the votes case by Sunrise stockholders were in favor of this proposal, representing 69.4% of the shares of common […]

Senior Housing Finance Activity: Cain Brothers, Ziegler, Beech Street Capital

Cain Brothers Arranges $11.2 Million Loan for Ore. Senior Care Facility Cain Brothers Funding arranged an $11,212,000 taxable loan insured under the FHA Section 232-223(a)7 LEAN program for Dallas Health Care Center, a 161-unit skilled nursing, assisted living, and memory care facility located in Dallas, Oregon. The proceeds of the new loan were used to […]

M&A the Top Growth Strategy for Senior Housing in 2013

Mergers and acquisitions is the way to go for growth in 2013, according to a GE Capital Healthcare Financial Services survey of senior housing and care industry executives. Two-thirds (66%) named mergers and acquisitions as their primary growth strategy in 2013, while 27% plan to grow organically by upgrading and repositioning existing properties.  “Despite lingering […]

NIC 2012: Why Quality Care & Outcomes Matter to Your Bottom Line

Quality matters, and keeping track of data and providing good outcomes in skilled nursing facilities is crucial, especially as failure to do so could seriously impact a facility’s bottom line, said a panel of experts at the National Investment Center for the Seniors Housing & Care (NIC) Skilled Nursing Symposium in Boca Raton, Fla. Documentation, […]