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 […]
SRI Management LLC
Blackstone Buys Two Denver Communities for $27 Million The Blackstone Group, a New York-based private equity firm, purchased two senior living communities southeast of Denver as part of a billion-dollar deal to buy 64 Brookdale Senior Living (NYSE: BKD) properties, announced in late March. The two communities, located in Arapahoe County, were purchased for more […]
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 […]