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Not-For-Profit Expands Texas Footprint
by mallozzi | Mar 18, 2024 9:02 am | Acquisitions | 0 comments
Buckner Retirement Services, Inc., a not-for-profit senior living provider, acquired a CCRC in Texas. This will be the seventh senior living community owned/operated by Buckner in the state. The seller, Lifespace Communities Inc., acquired the community in 2019 and has operated it since. Lifespace was focused on finding a buyer with similar... Read More » -
Fast-Growing SNF Operator Files for IPO
by Ben Swett | Mar 14, 2024 4:33 pm | Opinion | 0 comments
There may be a new publicly traded senior care company on the horizon, as PACS Group, a Utah-based skilled nursing operator with more than 200 facilities in its current portfolio, filed for an initial public offering with the SEC on March 13. It plans to list on the NYSE under the symbol PACS. The company is barely 10 years old but has grown its... Read More » -
Ziegler Handles Chicago SNF Deal
by Ben Swett | Mar 14, 2024 3:42 pm | Acquisitions | 0 comments
A for-profit buyer is taking over ownership of a not-for-profit skilled nursing facility in an affluent north Chicago suburb. Ziegler acted as advisor to the Illinois-based not-for-profit seller, with Managing Director Nick Glaisner leading the transaction and Melanie Shaffer in support. This was an older, multi-story facility, having been built... Read More » -
Blueprint Sells Plano Property
by mallozzi | Mar 14, 2024 3:41 pm | Acquisitions | 0 comments
Blueprint facilitated the sale of a seniors housing community in Plano, Texas. Built in the late 1990s, the community offers 65 units of assisted living and memory care. The buyer was a regional owner/operator looking to expand in the state. The seller, a developer/investor, is divesting the community after selling over 12 geographically... Read More » -
Dwight & Co Adds to Services and Team
by Ben Swett | Mar 14, 2024 3:40 pm | Uncategorized | 0 comments
Dwight & Co has expanded its seniors housing and healthcare financing solutions by launching working capital revolving lines of credit (revolvers). The company also announced a couple of new hires. The revolvers will integrate into Dwight’s existing bridge, mezzanine, and HUD healthcare lending platform, providing a comprehensive... Read More »