• 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 »

RED hot HUD deal

by | Mar 4, 2016 8:31 am | Acquisitions, Financings

ORIX USA Corporation just increased its ownership interest in RED Capital Group, the multifamily/affordable/seniors housing lender, from 88% to 100%. ORIX made its original investment in 2010, but RED has continued to operate as an independent entity based in Columbus, Ohio. And with that, RED Mortgage Capital, the mortgage banking arm of RED, closed a $21.2 million HUD loan with a 30-year term to refinance a 220-bed skilled nursing facility in Butler, Pennsylvania. Previously owned by Butler County, this facility was built in 1963, with an addition in 1982 and a $7 million renovation in 2009. Under county-ownership, operations suffered with a high Medicaid census, and despite being 96%... Read More »