Rising Interest Rates, Valuations Could Shorten Senior Housing Investment Runway

With active adult gaining popularity among investors as a property type, no slowdown in M&A activity and a more educated investor pool, senior housing capital markets maintained a robust performance in 2018. These factors are pushing asset valuations higher and spurring more lending. But industry experts at last week’s National Investment Center for Seniors Housing […]

Transactions & Financings: Charter Senior Living, Grandbridge Seniors Housing

KeyBank Originates Financing for Chicago Pacific Founders Acquisition KeyBank Real Estate Capital recently originated the $14.4 million Fannie Mae financing for Chicago Pacific Founders’ purchase of Parkrose Estates Retirement Community, a 100-unit senior housing community in Liverpool, New York. Charlie Shoop of Key’s Commercial Mortgage Group arranged the financing, which provided a low-cost, floating-rate loan with […]

Transactions & Financings: Charter Senior Living, Grandbridge Seniors Housing

KeyBank Originates Financing for Chicago Pacific Founders Acquisition KeyBank Real Estate Capital recently originated the $14.4 million Fannie Mae financing for Chicago Pacific Founders’ purchase of Parkrose Estates Retirement Community, a 100-unit senior housing community in Liverpool, New York. Charlie Shoop of Key’s Commercial Mortgage Group arranged the financing, which provided a low-cost, floating-rate loan with […]

Transactions & Financings: Chicago Pacific Founders, CBRE

MidCap Closes First Mortgage Loan for Florida Community MidCap Financial, a commercial finance firm that concentrates on middle-market transactions, recently closed a transaction with Zon Living Concepts, LLC. The senior housing and senior care company owns and operates Zon Beachside, a Class A assisted living and memory care community in Indian Harbour Beach, Florida. The […]

Transactions & Financings: Chicago Pacific Founders, CBRE

MidCap Closes First Mortgage Loan for Florida Community MidCap Financial, a commercial finance firm that concentrates on middle-market transactions, recently closed a transaction with Zon Living Concepts, LLC. The senior housing and senior care company owns and operates Zon Beachside, a Class A assisted living and memory care community in Indian Harbour Beach, Florida. The […]

Senior Housing Finance Activity: Ziegler, Ensign Group

Ziegler Closes $17.63 Million Valley Vista Care Corporation Financing Chicago-based investment firm Ziegler has provided $17,630,000 in series 2017A&B financing for Valley Vista Care Corporation. Valley Vista Care Corporation and Valley Community Housing Corporation are Idaho-based not-for-profit corporations and are the sole members of the Obligated Group. The Obligated Group operates 147 skilled nursing and […]

Senior Housing Finance Activity: KeyBank, Lancaster Pollard

KeyBank Provides $192.5 Million For Texas Seniors Housing Portfolio Cleveland-based KeyBank Real Estate Capital has provided $192.5 million in Freddie Mac financing to Kayne Anderson Real Estate Advisors for a six-property seniors housing portfolio located throughout Texas. Charlie Shoop and Caleb Marten of KeyBank’s Commercial Mortgage Group structured the fixed rate loans that included 10-year […]

Top Quotes from the 2017 NIC Conference

The 2017 National Investment Center for Seniors Housing & Care (NIC) Fall Conference just wrapped up in Chicago—or the home base of Senior Housing News. It was unseasonably hot in the Windy City, but that seemingly didn’t put a damper on industry players’ networking or dealmaking. In case you weren’t able to make the event, […]