Movers & Shakers: Maxwell Group’s New President; Springpoint Names VP of Marketing

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

In the Pipeline: LCS Announces New Project; Merrill Gardens Enters South Carolina

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned SRI Management Selected for Senior Living Development in South Carolina CR Properties and SRI […]

Transactions & Financings: Ziegler Closes $76M Financing, Cadence Living Acquires 3 Communities

Ziegler Closes $76M Series 2018 Financing Ziegler closed a $75,555,000 Series 2018 financing package on behalf of Broadmead, a nonprofit Maryland corporation. The Series 2018 tax-exempt bonds were issued through the Maryland Health and Higher Educational Facilities Authority. The Series 2018 Bonds are rated “BBB+” with a stable outlook from Fitch. Broadmead is situated on 94 […]

Potential $2 Billion REIT Has Big Senior Housing Plans

CNL Healthcare Properties II, a non-traded real estate investment trust (REIT), has entered into its first senior housing acquisition agreement since the U.S. Securities and Exchange Commission (SEC) declared its initial public offering of up to $2 billion effective last spring. The platform, as it turns out, will be senior housing-heavy, according to executives. Approximately […]