• Not-for-Profit to Expand Its California CCRC

    Ziegler announced the closing of Odd Fellows Home of California’s $101.7 million Series 2026AB bonds through the California Statewide Communities Development Authority. This financing marks Ziegler’s first with Odd Fellows Home of California.  Odd Fellows Home of California, a California not-for-profit public benefit corporation,... Read More »
  • Joint Venture Secures Refinance for Full-Continuum Community

    CBRE National Senior Housing refinanced Harvard Square by Cogir, a full-continuum seniors housing community in Colorado owned by funds managed by affiliates of Fortress Investment Group and operated by Cogir Senior Living. Built in 1982 and significantly renovated several times over the last 10 years, the community has 41 independent living, 144... Read More »
  • Chartwell Retirement Residences Completes Portfolio Acquisition

    Chartwell Retirement Residences completed its previously announced purchase of six seniors housing communities spread throughout London (three), Dorchester, Waterloo and Mississauga in Ontario, Canada. The purchase price at closing totaled approximately CAD$416.2 million, or US$30 million. An additional CAD$15.8 million, or USD$11.36 million, is... Read More »
  • Class-A AL/MC Communities Trade on Long Island

    BWE Investment Sales’ Seniors Housing Team announced its involvement in the sale of Village Green Senior Living and Village Walk Senior Living, both in high barrier-to-entry locations on Long Island. BWE represented the seller, The D&F Development Group, in the disposition of the Class-A assets, which had the goal of building, leasing up and... Read More »
  • SLIB Tops $1 Billion in Texas Transactions

    Senior Living Investment Brokerage and Matthew Alley topped $1 billion in transaction volume in the state of Texas following the sale of a portfolio of four skilled nursing facilities. The Cascades Portfolio features a combined 647 beds and locations in Port Arthur (two), Houston and Galveston. The facilities were built from 1955 to 1993, with... Read More »
Grandbridge Arranges Active Adult Financing

Grandbridge Arranges Active Adult Financing

With Baby Boomers still too young to move into most seniors housing communities and labor costs growing, many companies see opportunity in the active adult market, which some view as a largely untapped market. We’ll have to see how “under the radar” these assets will stay in the next couple of years. Jumping into the market, Grandbridge Seniors Housing and Healthcare Finance Group just facilitated construction financing for the development of a 318-unit age-restricted community in Plano, Texas operated by Life Style Management Inc. The transaction consisted of about $62.3 million in taxable and tax-exempt bonds under the 142(d) bond program administered by BB&T Capital Markets.... Read More »