Transactions & Financings: Asbury Communities’ $96M Bond Refinancing; LTC’s AL Acquisitions

HJ Sims closes $96M financing package for Asbury Communities HJ Sims closed on a $96.12 million bond refinancing for Asbury Communities’ senior housing communities in Pennsylvania: Bethany Village in Mechanicsburg; and Springhill in Erie. Sims assisted Asbury the communities’ outstanding Series 2010 Bonds on their first optional redemption date of January 1. Sims successfully priced […]

Niche Services Drive Occupancy, Raise Profile for Senior Living Communities

Some senior living providers are standing out in their local markets by catering to residents with unique needs. In particular, two companies — Randall Residence, a senior living provider headquartered in Lawton; Michigan and Wilsonville, Oregon-based Avamere Companies — have developed operational models that blend traditional senior living with services for residents who have experienced […]

In the Pipeline: Senior Housing Construction Projects (7/14/16)

Construction: Planned $75 Million CCRC Planned for Long Island, N.Y. Plans have been proposed for a new Life Plan Community, Fountaingate Gardens, in Commack, Long Island. The community will include spacious one-and two- bedroom residences in two buildings called The Parkview and The Terraces. Some will include dens and balconies as well as landscaped grounds and […]

Behind the Rebrand: Improving Senior Living Occupancy and Image

Senior housing providers across the country have found rebranding can fill long-standing vacancies and make their communities relevant again, so it shouldn’t come as a surprise that more and more seem to be taking the plunge. Several high-profile name changes have already occurred within the past year, including The Assisted Living Federation of America (ALFA) […]