Senior living operators face short-term turbulence when it comes to property values across all care types, but that turbulence could be an opportunity for well-positioned buyers looking to expand their portfolios. Higher interest rates have made inking new deals prohibitive in the short-term, with operators and lenders needing to get even more creative than before […]
Acquisitions National Church Residences Buys Near Atlanta National Church Residences announced it finalized the purchase of a senior living community located on a larger campus called Christian City in Union City, Georgia. The community — called Garden Terrace — adds 20 affordable senior living units to the National Church Residences portfolio and brings its total […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health, and hospice care. To see this year’s Future Leaders, visit https://futureleaders.agingmedia.com/. Brendan Healy, senior managing director at VIUM Capital, has […]
Strong short-term headwinds resulted in a decline in loan volumes for the U.S. Department of Housing and Urban Development’s (HUD) Lean financing program for senior housing in 2022, but some of the key players in the space say opportunity lies ahead for next year. For 2022, overall Lean program volume dropped to $2.89 billion across […]
Financings VIUM Capital Closes $200M in Senior Housing, Healthcare Vium capital announed it closed approximately $200 million worth of deals in seniors housing and healthcare in the month of August. The $200 million figure comes from six financings that included 28 separate projects in nine different states. For example, Vium closed on a $7.7 million […]
Financings JLL Capital Markets Arranges $30M for Refinancing JLL Capital Markets (NYSE: JLL) announced it arranged $29.57 million for refinancing for a Washington-based senior living community. The community — Mirror Lake Village — is a 114-unit IL, AL and memory care community located in Federal Way, Washington near Puget Sound with amenities like an outdoor […]
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 […]
A lower cost of capital and a shallow pool of acquisition opportunities have made conditions more favorable for sellers of senior living properties in recent years — but there are recent signs that the market is tilting back toward the buyers. For one, senior living operators are still grappling with a higher cost of doing […]
Financings VIUM Capital Closes $1B in Q2 VIUM Capital, a senior housing and healthcare lender, announced that 2Q2022 was the most productive quarter in the company’s history with $1.1 billion in transactions. The active second quarter brings the total volume of deals to $1.4 billion over 44 loans including financing projects in 16 states. Columbus, […]
VIUM Capital closed out 2021 by completing transactions totaling more than $320 million in November and December. That brought the firm’s yearly total to 42 deals representing about $700 million, according to a press release issued this week. VIUM was founded in 2020 by former leaders in Lancaster Pollard’s senior housing and care practice, and […]
