• Confluent & MorningStar Team Up on Development

    by | Sep 22, 2023 3:46 pm | Developments | 0 comments

    Confluent Senior Living and MorningStar Senior Living entered into an exclusive negotiating agreement with the City of Tustin, California, to lead the development of MorningStar at Tustin Legacy. The Orange County community will feature 145 independent living, 60 assisted living and 28 memory care units. There will be several four- or five-story... Read More »

  • H2C Securities Refinances Quality Life Services

    by | Sep 22, 2023 3:45 pm | Financings | 0 comments

    H2C Securities Inc., a healthcare-focused strategic advisory and investment banking firm, served as the exclusive advisor to Quality Life Services in obtaining a bridge loan to refinance the debt associated with the company’s portfolio of 10 skilled nursing and senior living properties. Quality Life Services’ existing lenders were reducing their... Read More »

  • Inspired Healthcare Capital’s $41 Million Acquisition

    by | Sep 21, 2023 4:44 pm | Acquisitions | 0 comments

    A Class-A, well performing seniors housing community in North Haven, Connecticut, sold for $41.1 million, or around $330,000 per unit. The seller, Columbia Pacific Advisors, capitalized on an opportunistic disposition to lock in returns and return capital to investors early in its fund’s life.  Built in 2019, The Landing of North Haven... Read More »

  • Blueprint Handles Florence County Deal

    by | Sep 21, 2023 4:43 pm | Acquisitions | 0 comments

    Kyle Hallion, Amy Sitzman and Giancarlo Riso of Blueprint Healthcare Real Estate Advisors were brought on by a repeat institutional owner/operator client to sell Florence Place, a 61-unit assisted living/memory care community in Florence, South Carolina, that was built in 1999. The seller decided to divest at the start of 2023, following the... Read More »

  • CFG Arranges Senior and Mezz Debt

    by | Sep 21, 2023 4:42 pm | Financings | 0 comments

    A portfolio of senior care facilities in the Pacific Northwest received a debt package consisting of a mezzanine and senior loan. Capital Funding Group first helped the client place senior debt which totaled $78.46 million. Then, CFG closed a $13.84 million mezzanine loan, which supported the refinancing of eleven skilled nursing facilities and... Read More »
Has There Been Any Progress on Labor?

Has There Been Any Progress on Labor?

by | Jul 21, 2023 9:22 am | Developments, Interviews, Opinion | 0 comments

What has changed with labor in the senior care industry over the last two years? Back in October 2021, LevinPro LTC hosted a webinar discussing the senior care industry’s staffing shortages with CEO of Dwyer Workforce Development, Barb Clapp, and Steve LaForte of Cascadia Healthcare. Those interested in watching Finding It, Retention & Coping with Higher Wages can find the replay link here. Two years later, with the same panelists, Managing Editor Ben Swett hosted Has There Been Any Progress on Labor?, detailing the industry’s path towards labor stabilization, what has gone right, and what still needs to be done. Clapp and LaForte discuss how staffing issues have altered since 2021,... Read More »
Financing for Seniors Housing and Care in 2023 and Beyond

Financing for Seniors Housing and Care in 2023 and Beyond

by | Apr 21, 2023 3:27 pm | Interviews | 0 comments

On April 20, 2023, The SeniorCare Investor’s Managing Editor Ben Swett and a panel of experts including Christopher Honn of NewPoint Real Estate Capital and Jack Boudler of Regions Bank discussed the current lending environment in a webinar called “Financing for Seniors Housing and Care in 2023 and Beyond.” Interest rates have shot up at a quicker pace than ever, a couple of large banks collapsed, the seniors housing and care industry has already seen some major defaults, and the debt market has certainly become less liquid in recent months. So, with all of these issues swirling, that made the timing of this discussion excellent. Watch the discussion here! Read More »