Transactions & Financings: Ziegler’s $240M Financing Deal Volume; Inspīr Carnegie Hill-Forbes Travel Guide Partnership

Ziegler completes 3 transactions totaling $240M Ziegler completed the following transactions: A Series 2020 Bond package totaling $199.4 million for Acts Life-Retirement Communities, consisting of $115.11 million in Series 2020 tax-exempt bonds and $84.3 million in 2020 taxable bonds. The tax-exempt bonds were issued through the Wisconsin Public Finance Authority, Palm Beach County (Florida) Health […]

Top Predictions for Nonprofit Senior Living

Nonprofit senior living providers experienced a 2015 marked by an aggressive push for affiliations, and the year ahead will likely follow suit. Technology adoption, repositionings and staff recruitment and retention will play an increasingly important role in the sector, as well, according to predictions from Chicago-based specialty investment bank Ziegler. In 2014, Ziegler tracked roughly […]

Erickson Living Touts Record Year, $565 Million Pipeline

Erickson Living is moving up the ranks of independent living providers, following a 2015 in which the company completed the construction of five new residential buildings and reduced hospital readmission rates for members of its integrated health plan. A Baltimore, Maryland-based developer and manager of continuing care retirement communities (CCRCs), Erickson Living on Wednesday revealed […]

Senior Housing Finance Activity: Berkadia, RED Capital

RED Capital Group Closes $11.1 Million Refinance for MBK Senior Living RED Mortgage Capital, the proprietary mortgage banking arm of RED Capital Group, LLC, has closed an $11.1 million refinance loan for Chancellor Gardens of Clearfield, an MBK Senior Living-owned and operated community located in Clearfield, Utah. “MBK was seeking a customized product for this […]

In the Pipeline: Senior Housing Construction Projects (6/4/15)

(Edgemere Cocktail Lounge – Photo Courtesy of Senior Quality Lifestyles Corporation) Construction: Planned Dallas CCRC Plans $36 Million Expansion Edgemere, a continuing care retirement community (CCRC) in Dallas, will soon begin a large-scale expansion and renovation project to address the growing demand for senior living options in the area. Financing for the project was completed through […]

Senior Housing Investments & Acquisitions: Sabra, Aviv REIT, NHI

SQLC Announces Completion of Land Acquisition  Senior Quality Lifestyles Corporation (SQLC), a Dallas-based nonprofit developer of senior living communities, has announced the completion of the land purchase for expansion of The Buckingham, a 501(c)(3) nonprofit life care community located in the Memorial neighborhood of Houston. The land acquisition consists of six acres adjacent to the […]