Transactions and Financings: Pine Park Acquires Geriatric Practice, Ziegler Assists Senior Living Divestment

Transactions 3 LCS Communities Partner with HealthPRO Heritage Three Life Care Services communities are partnering with wellness and rehabilitation provider HealthPRO Heritage which will provide care and rehab to residents in the communities. The communities – Shipley Living, Foulk Living and Millcroft Living in Neward – are all Deleware-based senior living communities that came into […]

Transactions & Financings: $175M Recap for 6-Community Portfolio; Two Life Plan Communities Explore Affiliation

Transactions United Properties Rebrands, Moves Two Communities United Properties announed that two of its communities currently managed by Watercrest will shift to Ebenezer Management Services and that they will be rebranded as part of the change. The communities are located in Naples, Florida and Sarasota, Florida and will still be owned by United Properties. They […]

Transactions & Financings: Cambridge Realty Provides $10M Financing; Ziegler Closes on Bonds Sale

Financings Crescent Real Estate Raises $265M for Development Crescent Real Estate announed it has raised $265 million to buy, build and operate various ventures, according to reporting by the Dallas Morning News. Crescent will reportedly provide as much last $4 billion in additional investment capacity through partnerships with clients and investors. Crescent, based in Fort […]

10 Largest Nonprofit Senior Living Operators in 2021 Ranked

Just under a third of non-profit senior housing units belonged to a top-10 largest operator in 2021 as the sector continued to diversify and evolve. That’s according to the latest and 19th LeadingAge Ziegler 200, released Thursday. The yearly report ranks the largest senior living non-profits in the U.S. and identifies trends in the space. […]

Voices: Dan Revie, Managing Director, Practice Head, Senior Housing and Care Finance, Ziegler Investment Banking

This article is sponsored by Ziegler. In this Voices interview, Senior Housing News sits down with Dan Revie, Managing Director and Practice Head of Senior Housing and Care Finance, Ziegler Investment Banking, to learn about some of the key M&A trends shaping today’s senior housing market. He also discusses the steps Ziegler is taking to […]

Formation Capital Founder Leads $9M Funding Round for Senior Living AI Tech Company TSOLife

TSOLife, a company providing an artificial intelligence-based platform for senior living communities, recently completed a $9 million Series A funding round led by Formation Capital Founder and Executive Chairman Arnold Whitman. Whitman, a longtime venture investor in senior living and founding partner of Generator Ventures, undertook the funding in coordination with Omega Healthcare Investors (NYSE: […]

The End of Extend and Pretend: Time Running Out for Distressed Senior Living Communities

The runway for distressed senior living properties is getting shorter. Some operators have seen a slow march toward pre-pandemic occupancy gains and as well as to greater margins in 2022. Others have faced stalling or declining occupancy and revenue, coupled with strong headwinds from increased labor and operating expenses. Banks and lenders gave operators a […]

Transactions & Financings: Ziegler Closes Pair of Deals; Walker & Dunlop Surpasses $1B in 2022

Transactions Walker & Dunlop Surpasses $1.3B in 2022 Walker & Dunlop announced that it sold $1.3 billion in seniors housing and long-term care facilities from January through July this year — the highest mark for a half-year in company history. Recently, Walker & Dunlop closed on a 25-community portfolio of age-restricted active adult communities in […]

Transactions & Financings: Blueprint Facilitates Eagle Disposition to Atlantis Senior Living; Ziegler Closes $30M for Florida CCRC

Financings Zeigler Closes $30M For Florida-Based Community Zeigler announed the successful closing of $30 million of Series 2022 Bonds for a Florida-based life plan community. The community — called Vicar’s Landing — will use these funds along with other funds to finance a portion of an ongoing expansion plan, fund a debt service reserve fund, […]

Transactions & Financings: Ziegler Arranges $36M for Planned CCRC; JLL Arranges $37M for Florida Community

Financings Ziegler Closes $36M for Life Plan Community Ziegler announced its role in the closing of $36.1 million in Series 2022A notes for Green Cay Life Plan Village Inc., a Florida-based nonprofit corporation. Green Cay plans to use the proceeds from the notes to acquire about 15 acres of land as well as to finance […]