• Quarterly Investor Call #1

    by | Apr 19, 2024 5:31 pm | Opinion

    Skip the in-person conference, and get the latest senior care M&A and valuations data, market analysis and case studies on notable deals by watching The SeniorCare Investor’s first ever Quarterly Investor Call. Read More »

  • Pacific Companies Acquires National Portfolio

    by | Apr 19, 2024 3:20 pm | Acquisitions

    Pacific Companies, LLC, a privately owned real estate private equity firm based in San Diego, California, acquired the majority of the not-for-profit Retirement Housing Foundations market-rate seniors housing and skilled nursing assets. Ziegler served as exclusive sell-side advisor to RHF on the transaction, which closed in phases throughout late... Read More »

  • Owner/Operator Chooses Refinance Over Sale

    by | Apr 19, 2024 3:19 pm | Financings

    A national owner/operator faced with an underperforming seniors housing property in Missouri and maturing debt on the property secured a refinance thanks to JD Stettin of Carnegie Capital. The borrower, which has over 30 properties in its portfolio, acquired the 45-unit assisted living community in late 2017.  Occupancy and cash flow... Read More »

  • Two Seniors Housing Communities in Indiana Trade Hands

    by | Apr 18, 2024 3:31 pm | Acquisitions

    Blueprint facilitated the divestment of two seniors housing communities in northwest Indiana. The value-add communities are in Michigan City and Merrillville and comprise 119 assisted living and memory care units. They had strong pre-pandemic financial performance but more recently benefited from a substantial Medicaid Waiver reimbursement rate... Read More »

  • Artemis/Bridgewood Acquire Texas Portfolio

    by | Apr 18, 2024 11:38 am | Acquisitions

    CBRE was engaged in the sale of four seniors housing communities in the Dallas, Texas MSA: Village on the Park Plano (Plano), Village on the Park Denton (Denton), Village on the Park Stonebridge Ranch (McKinney) and Village on the Park McKinney (McKinney). The communities comprise 366 total units of assisted living and memory care and were built... Read More »
BMO Harris Provides $380 Million Credit Facility for Institutional Investor

BMO Harris Provides $380 Million Credit Facility for Institutional Investor

by | Feb 8, 2022 2:25 pm | Financings

BMO Harris Bank’s Healthcare Real Estate Finance group announced its role as lead arranger and administrative agent on a portfolio term loan refinancing facility in excess of $380 million for 15 seniors housing communities throughout the United States. The properties are managed by five regional operating partners and include over 1,700 units of independent living, assisted living, and memory care. BMO partnered with Capital One, N.A., which served as joint lead arranger, to form the syndicate for the facility, which will be offered at a floating rate. The properties’ owner is a national senior housing real estate investor.   Read More »
BMO Harris Bank Closes Loan for SNF Portfolio

BMO Harris Bank Closes Loan for SNF Portfolio

by | Nov 23, 2021 2:24 pm | Financings

BMO Harris Bank’s Healthcare Real Estate Finance group closed a $30 million term loan and a $35 million revolving line of credit for a portfolio of skilled nursing facilities operated by Life Generations Healthcare LLC. Headquartered in Santa Ana, Life Generations operates 28 communities in California and Nevada with over 3,100 licensed beds. In addition, the company offers behavioral health programs, assisted living and memory care services. Further details on the financing were not disclosed.  This news follows BMO Harris Bank’s announcement that it provided a $123 million loan to an affiliate of The Inland Real Estate Group of Companies, Inc. That loan provided... Read More »
BMO Harris Provides Loan For 15 MOBs

BMO Harris Provides Loan For 15 MOBs

by | Oct 25, 2021 10:02 am | Financings

BMO Harris Bank’s Healthcare Real Estate Finance group has closed a $123 million loan to an affiliate of The Inland Real Estate Group of Companies, Inc. The loan provided recapitalization financing for 15 medical office buildings, totaling more than 419,000 square feet across six states.  Read More »
BMO Harris Finances LCS Construction in New Jersey

BMO Harris Finances LCS Construction in New Jersey

by | Jul 2, 2021 8:34 am | Financings

BMO Harris Bank’s Healthcare Real Estate Finance group followed up on its large construction financing closed for LCS and an institutional partner to develop a 220-unit senior living community in New Jersey with another construction loan. The $19.4 million construction loan will support the renovation of a Sunrise Senior Living community in Redmond, Washington.  Originally built in 1999, the community has 110 units of assisted living and memory care. Its renovation will include redoing the bathrooms, fixtures, furnishings and all the common areas. The loan came with an initial term of four years. Read More »
BMO Harris Funds PGIM Real Estate Deal

BMO Harris Funds PGIM Real Estate Deal

by | Jun 9, 2017 7:00 am | Acquisitions, Financings

PGIM Real Estate and Kisco Senior Living announced their acquisition of a 187-unit independent/assisted living community in Walnut Creek, California at the start of June, and BMO Harris Healthcare Real Estate Finance followed that up by announcing they financed the deal with a $61.75 million credit facility. The group acted as the administrative agent and lead lender on the facility which consisted of a $50.05 million term loan and a $11.7 million construction loan for a planned 40-unit expansion of the community’s assisted living and memory care services on the adjoining 1.22 acres. Located on a 7.3-acre campus about 20 miles east of San Francisco, the property was built in 1991 and had... Read More »