Pegasus Senior Living Expands Portfolio With Omega Communities Partnership

Pegasus Senior Living has agreed to manage four properties developed by Omega Communities, expanding its portfolio for the first time since taking over operations for 36 former Brookdale Senior Living (NYSE: BKD) buildings last year. Birmingham, Alabama-based Omega is a for-profit company that develops senior living communities in affinity relationships with churches. The four properties […]

Movers & Shakers: Presbyterian’s Sales and Marketing VP; Benchmark Names Resident Care Director

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one year. Visit SHN Jobs today. […]

Movers & Shakers: LifeSpire’s New CFO; Ascension Names Chief Nursing Officer

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one year. Visit SHN Jobs today. […]

Transactions & Financings: AllyAlign’s $10M Funding Round; $201M Financing for Harbor’s Edge

AllyAlign Health closes $10M funding round AllyAlign Health, a developer and administrator of Medicare Advantage (MA) special needs plans benefiting long-term care providers, closed a $10 million strategic funding round, led by McKesson Ventures, as the Richmond, Virginia-based firm looks to expand. And senior living is in its sights, AllyAlign President President Amy Kaszak told […]

Transactions & Financings: Lutheran Senior Services’ $92M Bond Financing; CBRE’s $61M Loan

HJ Sims arranges $92 million bond financing package for Lutheran Senior Services HJ Sims completed a $92.4 million refinancing package for Lutheran Senior Services (LSS). The proceeds will fund an expansion to LSS’ Mason Pointe community in Chesterton, Missouri, as well additional planned capital improvements at other communities within its portfolio.HJ Sims identified bonds that […]

Transactions & Financings: $120M Bond Financing for Spires at Berry College; NHI Acquires Holiday Community

The Spires at Berry College closes $120 million bond financing package The Spires at Berry College closed a $119.7 million bond financing deal, which will be used to fund the entirety of construction costs for the life plan community on the campus of Rome, Georgia-based Berry College.The tax-exempt bonds include $81.9 million underwritten by Ziegler […]

Transactions & Financings: HJ Sims Closes $250M Package; OnShift Lands Equity Investment

HJ Sims Completes Two Financing Packages Totaling $250.4 Million Capital Package For Dallas CCRC Community HJ Sims completed a $154.3 million financing package for Legacy Midtown Park (Legacy), a Jewish-sponsored, not-for-profit, start-up rental CCRC located in Dallas, Texas, and managed by Legacy Senior Communities. The package includes a $69.9 million bond underwriting, $70.5 million financing, and […]

Transactions & Financings: Ziegler Arranges Bond Financing, Arcapita Grows U.S. Portfolio

Ziegler Arranges $200.6 Million Bond Financing Ziegler announced the closing of the Trousdale Foundation Properties $200,570,000 Series 2018 bonds. Ziegler served as the underwriter and placement agent for the bonds which were issued in various series including tax-exempt senior, taxable senior and tax-exempt subordinate bonds. Proceeds from the bonds were used to finance the acquisition and […]