Hotel Conversion Projects Gain Appeal Amid Tough Landscape for New Development

Financial distress among hotels during the pandemic and persistent barriers to new development have created opportunities for senior living conversion projects. Though hotel reuse projects are typically one-off opportunities, there are companies looking to acquire and repurpose hotels as part of their growth strategies. Two in particular, Lloyd Jones and Solvida Development Group, have made […]

Transactions & Financings: Blueprint Arranges Sale to Lloyd Jones; Cushman & Wakefield Arrange Pair of Financings

Financings Ziegler Closes $71 M for Virginia Community Ziegler announced the successful closing of $71 million Series 2022A and 2022B bonds for Shenandoah Valley Westminster-Canterbury (SVWC). SVWC is a nonprofit organization that operates a Westminster, Virginia-based life plan community with nearly 400 residents with 218 independent living units, 48 assisted living units, 12 memory care […]