• Genesis HealthCare’s Legacy Liabilities Lead to Bankruptcy Filing

    by | Jul 11, 2025 2:31 pm | Opinion

    Genesis HealthCare has filed for Chapter 11 bankruptcy protection, listing its 298 affiliated holding companies, ancillary businesses and insurance vehicles in its submission to the U.S. Bankruptcy Court for the Northern District of Texas Dallas Division. It is one of the largest skilled nursing operators in the country and operates 218... Read More »

  • Cindat Capital Management Invests in Colorado Community

    by | Jul 11, 2025 2:30 pm | Financings

    Cindat Capital Management, a middle-market real estate private equity platform focused on seniors housing and opportunistic investments, announced its first investment from its Senior Housing Credit Platform. It was a unitranche debt investment in The Pearl at Boulder Creak, a 116-unit, Class-A independent living and assisted living community... Read More »

  • MedCore Divests to Publicly Traded Healthcare REIT

    by | Jul 11, 2025 2:28 pm | Acquisitions

    Ziegler announced its role as exclusive sell-side financial advisor to MedCore on the sale of Parkview on Hollybrook, a 189-unit rental CCRC in Longview, Texas. The property has been on a long road to stabilization. It was originally bought in a bankruptcy auction in 2016 for $20.7 million by Thrive FP when it was in the middle of development. 12... Read More »

  • Forbright Bank’s H1 Activity

    by | Jul 11, 2025 2:27 pm | Financings

    Forbright Bank reported its activity for the first half of the year from its healthcare and HUD lending teams, announcing more than $500 million in loans closed for acquisitions, recapitalizations, working capital, and HUD financings for healthcare providers across the country. One of the largest transactions was a $60 million revolving loan to... Read More »

  • Large SNF Portfolio Secures Financing

    by | Jul 11, 2025 2:26 pm | Financings

    MONTICELLOAM, LLC announced the closing of $218.3 million in combined bridge, mezzanine, and working capital financing for 18 skilled nursing facilities across Kentucky. The transaction includes a $179.3 million senior bridge loan and a $29 million mezzanine loan, which the sponsor plans to use to restructure and upsize the existing debt on the... Read More »
Ziegler’s June Surge

Ziegler’s June Surge

by | Jul 6, 2017 7:58 pm | Financings

Ziegler impressed in June, closing over $350 million in tax-exempt bond financing for two CCRC clients. Buckner Senior Living was on the receiving end of the larger closing, a $232.5 million fixed-rate bond issuance to fund the development of its 325-unit entrance fee CCRC in the North Park neighborhood of Dallas. The luxury community is expected to cost around $136 million to build, or about $418,000 per unit. With that high cost comes a number of amenities like a roof-top garden, top-floor “Sky Lounge,” heated indoor pool and a salon/spa, among others. Placed on a three-acre parcel, the community will feature 189 independent living, 38 assisted living, 26 memory care, 48 skilled nursing... Read More »

Ventana by Bucker Gets Off The Ground

by | May 12, 2017 7:00 am | Developments

Several years after plans were first announced for two 12-story senior living towers in the North Park neighborhood of Dallas, Buckner Retirement Services has finally broken ground on The Ventana by Bucker, a 325-unit entrance fee CCRC which is estimated to cost $136 million, or about $418,000 per unit. That tops both the national average cost to construct CCRCs ($386,500 per unit) and the Texas average ($394,700 per unit), according to our in-house database of developments going back to 2013. As such, the development, which features floor-to-ceiling windows throughout the building, boasts a number of luxurious amenities including a roof-top garden, top-floor “Sky Lounge,” heated indoor... Read More »