Acts, Integrace complete affiliation Acts Retirement-Life Communities completed its affiliation with Integrace and its family of communities throughout Maryland this week. The affiliation brings together two nationally recognized names in the senior living industry under shared leadership and governance. The affiliation was first announced in January. The affiliation gives West Point, Pennsylvania-based Acts entry into […]
KeyBank Real Estate Capital
KeyBank provides $159 million in acquisition financing to ReNew Investors KeyBank Real Estate Capital Senior Vice President Laura Conway and Senior Vice President Brandon Taseff arranged over $159 million in financing to ReNew Investors and affiliated entities, for the acquisition of eight senior housing communities in Michigan, Pennsylvania and Virginia. The acquisitions were made over […]
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 […]
ESI Arranges Sale of $38 Million Portfolio in Arkansas Evans Senior Investments (ESI) represented the sale of two senior housing communities in Bentonville and Rogers, Arkansas, for about $38 million. The two communities have a total of 208 total senior housing units. At the time of the sale, the Bentonville community had just recently opened and […]
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 […]
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 […]
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 […]
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 […]
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, […]
When it comes to securing new capital, company culture and staff training may be more important than many senior housing providers realize. It’s always been critical to invest in high-quality senior living staff, industry leaders agreed during a Wednesday session at the National Investment Center for Seniors Housing & Care (NIC) 2017 Fall Conference in […]
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