• Stand-Alone MC Community Trades in Arizona

    by | Apr 2, 2026 5:05 pm | Acquisitions

    Blueprint represented an institutional seller in the sale of its stand-alone memory care community in the Lake Havasu City-Kingman, Arizona MSA. Built in 2009, the asset features 48 units with 60 beds and received approximately $2 million in recent capital improvements. There is opportunity for occupancy growth and rental rate optimization. ... Read More »

  • Clarion Partners Continues Its Acquisition Streak

    by | Apr 2, 2026 4:56 pm | Acquisitions

    Clarion Partners continued on its acquisition streak, adding two communities in California to its growing portfolio. The latest deal featured The Commons on Thornton and The Commons at Union Ranch, two seniors housing communities totaling 198 units in California’s Central Valley. They were previously owned and operated by MBK Senior Living, which... Read More »

  • Multiple Senior Care Acquisition Financings Close

    by | Apr 2, 2026 4:55 pm | Acquisitions, Financings

    M&A transactions are getting done at a near-historic pace, and CIBC Bank USA recently financed three deals. The largest was $43.3 million in acquisition financing for two senior care assets in the Nashville area of Tennessee. The properties include a combined 310 independent living units, 273 skilled nursing beds and 93 assisted living/memory... Read More »

  • Olympus Retirement Living Expands

    by | Mar 31, 2026 5:42 pm | Acquisitions

    The Zett Group closed the sale of a 63-unit assisted living/memory care community in the Boise, Idaho market. Set in the town of Emmett, Meadow View Senior Living was trending positively in its operations, but there was still some work to be done. An owner/operator engaged Blake Bozett and Spud Batt to sell the community to an undisclosed buyer.... Read More »

  • Large Senior Care Portfolio Trades Hands

    by | Mar 31, 2026 5:41 pm | Acquisitions

    A portfolio comprising senior care assets across Washington State recently sold with the help of JCH Senior Housing Investment Brokerage. At first, only one of the assets was brought to market, but an offer emerged for the entire nine-facility portfolio. The price for the skilled nursing, assisted living and independent living campuses ranged... Read More »
HJ Sims Closes Comprehensive Refinance of Maryland CCRCs

HJ Sims Closes Comprehensive Refinance of Maryland CCRCs

by | Oct 24, 2018 7:00 am | Financings

HJ Sims was engaged by Asbury Atlantic, Inc. to refinance two of its CCRCs in Maryland with a combination of taxable and tax-exempt financing. Located in Gaithersburg and Solomons, the two communities were already saddled with higher-rate, tax-exempt bonds and other non-callable bonds with a balloon maturity. Sims successfully extended a taxable bank loan that was used to pay the termination fee for a swap that remained outstanding after the underlying bonds were refunded. The team then closed $96.12 million in tax-exempt bonds, which include proceeds to fund capital expenditures and free up operating cash to partially repay the taxable bank loan to make the swap termination payment. The... Read More »
People on the Move, October 2018

People on the Move, October 2018

by | Oct 5, 2018 8:49 am | Opinion

After four years of investing in seniors housing communities with Silverstone Health Care Real Estate, an investment platform she co-founded which produced equity returns over of 250%, Stephanie Anderson is now a national sales director with Housing & Healthcare Finance, based in the Boston area. Before Silverstone she was with Health Care REIT, GE Healthcare Finance and Ventas, all of which provided a great background for her new position….Walker & Dunlop has hired Michael Davis as senior vice president in its FHA finance group, who will be working on HUD, Fannie Mae and Freddie Mac loans for W&D’s seniors housing and care clients. Justin Hill has joined JLL Capital Markets as... Read More »
Another Civitas Development in the Lone Star State

Another Civitas Development in the Lone Star State

by | Sep 20, 2018 3:18 pm | Developments, Financings

Civitas Senior Living may have already expanded outside its home state of Texas, with three existing communities and four more on the way in Florida, Kentucky, Colorado and Arizona, but the Fort Worth-based company is coming home for its latest development. The 188-unit community, located in the Red Oak suburb of Dallas, will feature independent living, assisted living and memory care services and will join the 32 other properties currently owned and operated by Civitas. To finance the development, HJ Sims invested $5.85 million of preferred equity, which it funded by placing corporate taxable bonds. The subordinate financing was structured to meet the requirements of the senior lenders... Read More »
CCRC Expands With Help From HJ Sims Financing

CCRC Expands With Help From HJ Sims Financing

by | Sep 13, 2018 12:53 pm | Developments, Financings

A not-for-profit CCRC in Sandy Spring, Maryland that has been in business since 1962 was looking to expand and obtained financing from HJ Sims to fund the project. On a 62-acre campus, the community (called Friends House) features 32 independent living units and 75 low-income rental apartments, 82 comprehensive care beds and 21 assisted living units. However, ownership saw the need to replace the low-income apartments with a new 80-unit low-income housing building in a joint venture with Homes For America (HFA). But that’s not where the future changes stop. The CCRC will also renovate and expand the existing communal building, remove two vacant cottage units, and develop 14 new cottage... Read More »
HJ Sims Generates Significant Savings Through Bond Issue

HJ Sims Generates Significant Savings Through Bond Issue

by | Dec 7, 2017 7:52 pm | Financings

American Baptist Homes of the Midwest successfully refunded its outstanding bonds with the help of HJ Sims, generating millions in savings in the process. Recently, across ABHM’s 13-property portfolio, the provider has funded repositioning projects at many locations, significantly lowering their cash reserves. So, HJ Sims worked to refund ABHM’s Series 2007 and Series 2009 bonds in a way that lowered the Obligated Group’s cost of capital. Sims priced a $61.785 million issue with an arbitrage yield of 4.811%. That generated a net present value savings of approximately $6.5 million, or about 11% of the par amount of the refunded bonds. And, ABHM will realize 82% of the savings within the... Read More »