In the Pipeline: Senior Housing Construction Projects (11/14/2012)

Construction: Planned Ventas Subsidiary to Build Mass. Senior Living Community Woodbriar Senior Living, LLC, a Ventas, Inc. (NYSE:VTR) subsidiary, will use proceeds of a $30 million bond issued by MassDevelopment to build a 125-unit assisted living community in Falmouth, Mass. The development will have 35 studio apartments, 66 one-bedroom units, and 24 two-bedroom units. Plans […]

Senior Housing Finance: Love Funding, Ziegler, NCR, AdCare

Ziegler Closes $51.6 Million Financing for Pa. CCRC Group Ziegler recently closed a $51,640,000 tax-exempt, fixed-rate Series 2012 Bond issue for Asbury Pennsylvania Obligated Group issued through the Cumberland County Municipal Authority.  Asbury Pennsylvania Obligated Group consists of Bethany Village and Springhill, two CARF/CCAC accredited CCRCs located in Pennsylvania. Both communities are operating segments of […]