• 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 »
CIT Arranges Refinancing in Arizona

CIT Arranges Refinancing in Arizona

by | Dec 16, 2021 4:43 pm | Financings

CIT Group Inc.’s Healthcare Finance team recently arranged a $34 million refinancing of the Enclaves at Chandler, a 162-unit community in Chandler, Arizona. Built in 2018, the Enclaves features 89 independent living units, 49 assisted living units and 24 memory care units. It’s located in an attractive location with strong demand for seniors housing services. Spectrum Retirement Communities LLC, a developer and owner/operator of seniors housing based in Denver, Colorado, was the borrower. Read More »
CIT Helps Refinance Florida Assisted Living Portfolio

CIT Helps Refinance Florida Assisted Living Portfolio

by | May 14, 2019 1:34 pm | Financings

CIT Group, through its Healthcare Finance business, served as sole lead arranger for a $64 million loan used to refinance three assisted living communities in Florida owned by the borrower, Virtus Real Estate Capital. Totaling more than 350 AL and memory care units, the properties are located in Clermont, Stuart and Tavares, Florida. That comes out to over $180,000 per unit in financing. Not bad for these central Florida locations. Read More »