LeadingAge, Ziegler Expand Largest Nonprofit Senior Housing Providers List

Industry association LeadingAge and specialty investment bank Ziegler’s list of the nation’s largest nonprofit senior housing providers grew a bit this year. The 15th annual LeadingAge Ziegler 200 (LZ 200), published Monday, ranks the largest not-for-profit systems providing aging services through senior living in the United States, in order of total owned market-rate units, as of the […]

Covenant, Vitality Join Growing List of Senior Living Brands Hitting Refresh

What’s in a name? For many senior living providers, a whole lot. Across the country, senior living companies are refreshing their corporate branding, and in the process dropping age-related words from their names such as “retirement” and “senior.” Recent examples include Skokie, Illinois-based senior housing nonprofit Covenant Retirement Communities rebranding as Covenant Living, and Franklin, Tennessee-based Vitality Senior […]

Transactions & Financings: Ziegler Takes Lead on Locust Point Fund, NHI’s $300M Loan

Ziegler Is Anchor Investor In Locust Point Private Credit Fund Ziegler announced it was an anchor investor in Locust Point Capital’s debut private fund, which closed earlier this month oversubscribed at $312 million. Ziegler and Locust Point have a relationship dating back to the mid-1990s, Managing Director and co-head of Ziegler’s Proprietary Senior Living Practice Don […]

How Senior Living Providers Can Start To Adapt For Managed Care

Managed care partnerships are gaining steam in senior living, and although many providers are well-positioned to forge those kind of relationships, not all of them know how, or where, to take the first step. Managed care is an umbrella term that can refer to a variety of arrangements among health care providers and/or payers. Generally, […]

Wage Pressures, Turnover Continue to Vex Senior Living CFOs

Minimum wage hikes and ever-constant turnover rates are still among the top staffing pressures for senior living leaders. That’s according to a June CFO Hotline survey from Chicago-based special investment banking firm Ziegler. For the survey, Ziegler heard from nearly 120 senior living CFOs and financial professionals from around the U.S., roughly 70% of whom […]

Transactions & Financings: HJ Sims, JCH Senior Housing Investment Brokerage

HJ Sims Arranges Closing of $15 Million Loan for Life Plan Community in Atlanta HJ Sims recently facilitated the closing of a $15 million revolving pre-development financing for a life plan community in Atlanta, Georgia. The community—Lenbrook—anticipates incurring up to roughly $15 million in pre-development costs for a planned expansion. The pre-development costs will mainly […]

Transactions & Financings: Senior Living Investment Brokerage, Lancaster Pollard

Blueprint Arranges Sale of Assisted Living, Skilled Nursing Portfolio in Ohio Blueprint recently announced the first closing of a multistage portfolio sale comprising one assisted living community and two skilled nursing facilities in northeast Ohio. The seller was a regional owner-operator looking to transition out of day-to-day community management. Blueprint identified a regional operator to lease […]

Third-Party Referral Sources Generate Poor Leads, Frustrate Senior Living Execs

In senior living, utilizing third-party referral sources often results in less desirable leads—as well as a litany of frustrations. That’s according to a recent report from Chicago-based special investment banking firm Ziegler. For the report, Ziegler surveyed more than 150 senior housing financial professionals and CFOs, 98% of whom worked for nonprofit organizations. It’s much […]