• Berkadia Secures Large Portfolio Refinance

    by | Jun 27, 2025 3:06 pm | Financings

    Berkadia closed $627.2 million in agency financing for Project Raven. Project Raven is a 35-asset seniors housing portfolio with 4,395 independent living, assisted living and memory care units. The portfolio spans 15 states. Austin Sacco, Steve Muth, Garrett Sacco and Alec Rosenfeld handled the financing on behalf of an institutional borrower.... Read More »

  • What Does Brookdale’s Proxy Fight Cost?

    by | Jun 27, 2025 2:54 pm | Opinion

    It seems that hardly a day goes by without yet another SEC filing by Brookdale Senior Living detailing why its slate of Board candidates is far better for shareholders than the slate submitted by activist investor Ortelius Advisors. But how much are they spending on this? It would be nice to know, and we are sure shareholders would rather have... Read More »

  • Do We Hear $30 Per Hour as the New Minimum Wage?

    by | Jun 27, 2025 2:53 pm | Opinion

    We know we have the People’s Republic of California, and after New York’s Democratic Party primary, we may have the People’s Republic of New York City by November. The surprise winner of the primary was 33-year-old Zohran Mamdani. He is a self-professed Socialist, and more. In addition to free bussing, freezes on apartment rents, higher taxes on... Read More »

  • BMO and TCG Refinance Florida CCRC

    by | Jun 27, 2025 2:51 pm | Financings

    BMO’s Healthcare Real Estate Finance group acted as sole lender on a real estate term loan refinancing for La Posada, a Class-A, 333-unit CCRC in Palm Beach Gardens, Florida. Originally opened in 2014 and with a major renovation and addition completed in 2018, the campus offers independent living (245 units), assisted living (30 units), memory... Read More »

  • The Lenders Roundtable: A Capital Markets Update

    by | Jun 26, 2025 3:48 pm | Financings

    On Thursday, June 26th, Managing Editor of The SeniorCare Investor Ben Swett sat down with a group of expert panelists to dive into the evolving financing process of M&A deals. Panelists included Dave Boitano, EVP & CIO of LTC Properties, Cary Tremper, President & CEO of Tremper Capital Group, and Patrick Gilbreath, Sr. Relationship... Read More »

Trilogy’s new communities open in Indiana, Michigan

by | Jul 3, 2014 3:34 pm | Developments

Louisville, Kentucky-based Trilogy Health Services just celebrated the opening of its 81st and 82nd senior living health communities in the Midwest: Cedar Creek Health Campus, in Lowell, Indiana, opened on June 19; The Willows at Okemos, in Okemos, Michigan, opened a week later on June 26. Cedar Creek and The Willows at Okemos each offer assisted living, short-term rehabilitation, skilled nursing, and transitional care. Cedar Creek has the capacity to accommodate 24 residents in assisted living and 58 residents in its health center. The Willows at Okemos also can accommodate 24 residents in assisted living but 68 residents in its health center. Cedar Creek also offers specialized memory... Read More »

Trilogy Health Services opens its 80th community

by | May 8, 2014 4:34 pm | Developments

The Willows at Citation in Lexington, Kentucky, is Trilogy Health Services’ newest senior living community—its 80th senior living campus and its second in Lexington. The new campus offers assisted living, long-term care, short-term rehab, skilled nursing, personal care, and respite services. Designed using Trilogy’s village center residential model, The Willows at Citation features small neighborhood clusters that surround a communal gathering place—a village center—with a restaurant, ice cream parlor, health club, and other amenities where residents can meet and greet each other and build lasting friendships. Residents also enjoy chef-prepared meals, private dining rooms, complimentary... Read More »

Trilogy continues its amazing growth

by | Mar 13, 2014 3:19 pm | Developments

Trilogy Health Services just celebrated the opening of Hearthstone Health Campus in Bloomington, Indiana, and announced the grand opening of Arlington Place Health Campus in Indianapolis. The two new developments represent Trilogy’s 79th and 80th senior living communities, the provider’s 49th and 50th sites in Indiana, and the seventh and eighth major new campus development or expansion projects undertaken by the company in the past year. A $10 million building, Hearthstone Health Campus has 104 units—26 assisted living and 78 skilled nursing—in a “town square” residential setting, which is the model Trilogy has used in its other recent senior living developments. Private and companion... Read More »