by Ben Swett | Nov 26, 2015 8:30 am | Financings
Senior Quality Lifestyles Corporation (SQLC), a Texas-based nonprofit that operates six senior living communities, hired Ziegler for the fourth time in 2015 to refinance one of its properties, which is located in the Barton Creek neighborhood of Austin, Texas and... Read More »
by Ben Swett | Nov 25, 2015 8:32 am | 60 Seconds, Opinion
Despite some high-profile allegations against senior executives for some type of financial wrong-doing, we are still thankful for all the good work done by the nation’s caregivers. What is it about caring for the elderly and financial fraud or other misdeeds?... Read More »
by Ben Swett | Nov 25, 2015 8:30 am | Acquisitions
Jacob Gehl of Blueprint Healthcare Real Estate Advisors led the sale of a portfolio of four assisted living/memory care communities in Wisconsin for $18.35 million, or $146,800 per unit, with an 8.7% cap rate. Included in the portfolio were three properties in Green... Read More »
by Ben Swett | Nov 24, 2015 7:11 pm | Developments, Financings
Another major multifamily developer is getting into the seniors housing industry. In the past year, we have seen a number of either private equity groups or real estate developers, all with experience in the multifamily market but not so much in seniors housing, dip... Read More »
by Ben Swett | Nov 23, 2015 7:26 pm | Financings
A senior living community with a troubled financial past recently refinanced its debt with HUD via a $13.3 million loan. But how did it both sink so low and then turn around to be viable for a HUD refinance? Built in 2005, this 112-unit community, with independent... Read More »