Ziegler Closes $110.96 Million in Financing for Epworth Living at The Ranch Chicago-based speciality investment bank Ziegler announced the closing of the $110.96 million, unrated, tax-exempt, fixed-rate Series 2016 Bond issue for Epworth Living at The Ranch, a nonprofit continuing care retirement community (CCRC) in Stillwater, Oklahoma. The Ranch will have 23 independent living villas, […]
KeyBank Real Estate Capital
Marcus & Millichap Appoints New CEO National brokerage firm Marcus & Millichap, Inc.’s board of directors promoted Hessam Nadji, its current senior executive vice president, to the role of CEO. The appointment comes after it was announced that current CEO John Kerin will retire March 31. Nadji joined Marcus & Millichap in 1996, most recently […]
KeyBank Provides $47.7 Million in Financing for Assisted Living Portfolio in Southeast KeyBank Real Estate Capital has arranged a total of $47.7 million of permanent financing for six assisted living facilities managed by Ridge Care Inc. The financing included a 35-year, $38.5-million fixed-rate loan through the FHA 232/223(f) mortgage insurance program, as well as a $9.2 […]
Several of the country’s largest health care real estate investment trusts (REITs) and major lenders have offered their support for a new initiative to track and report seniors housing actual rents, the National Investment Center for Seniors Housing & Care (NIC) announced Wednesday. The initiative makes NIC the first to collect and report such data, […]
Capital One Appoints New Senior Vice President to Seniors Housing and Healthcare Agency Lending Group Capital One announced on Sept. 17 the appointment of Allison Holland as the company’s senior vice president to its Seniors Housing and Healthcare Agency Lending Group. In her new role, Holland will serve as originations manager for Fannie Mae and Freddie […]
Key (NYSE: KEY) closed a $635.6 million Fannie Mae credit facility for subsidiaries of Senior Housing Realty Trust (SHRT), a Maryland real estate investment trust owned by an affiliate of Senior Resource Group, LLC (SRG), and its institutional partners, the bank announced Wednesday. SRG is a national operator of luxury seniors housing communities. The new […]