• Blueprint Brings on New Team Member

    by | Apr 16, 2026 2:58 pm | Uncategorized

    Blueprint welcomed Peter Trazzera to the team as Senior Director, Capital Markets. Trazzera brings deep expertise in financing solutions and is set to further elevate Blueprint’s capabilities in the sector. He has an extensive background in institutional capital, and is joining following a 12-year tenure as Senior Vice President at KeyBank... Read More »

  • High-Priced Sale Closes in Chicago

    by | Apr 16, 2026 2:56 pm | Acquisitions

    The bar keeps getting raised for pricing in the seniors housing industry, and we believe a new record has been set for a property sale in Chicago, Illinois. It was revealed that the seven-story Belmont Village Lincoln Park was bought by CBRE Investment Management for approximately $151 million, according to property tax records. Based on a lower... Read More »

  • Developer Sells Its AL/MC Community to a Public REIT

    by | Apr 16, 2026 2:48 pm | Acquisitions

    Affiliates of Triple Crown Senior Living divested Bridgepointe Gardens, a seniors housing community in Jeffersonville, Indiana, that the company developed, owned and operated. This was the first ground-up development and full-cycle realization the group has completed. The Class-A purpose-built assisted living/memory care community was built in... Read More »

  • Senior Living Portfolio Trades in Colorado

    by | Apr 16, 2026 2:42 pm | Acquisitions

    Ownership of a well-performing senior living portfolio in Colorado recently transferred. Bonaventure Senior Living, a Pacific Northwest senior living provider, sold four of its communities to Oakmont Senior Living, a California-based operator with a growing national footprint. Bonventure decided to divest in order to concentrate its operational... Read More »

  • Ohio AL/MC Community Secures Refinance

    by | Apr 16, 2026 2:41 pm | Financings

    Ziegler served as the lead financial advisor in the placement of a $10.35 million loan to refinance existing indebtedness for an 80-unit assisted living/memory care community in Toledo, Ohio. Patrick Lee, Managing Director in Ziegler’s Senior Housing & Care Finance Practice, advised and negotiated the transaction for the borrower, a private... Read More »
Merchants Capital Finances New Middle-Income Communities

Merchants Capital Finances New Middle-Income Communities

by | May 17, 2019 12:28 pm | Financings

A Midwestern developer of affordable and middle-income senior living communities, Wallick Communities, recently opened three assisted living communities in Ohio and obtained bridge financing to fund them through lease-up towards an eventual refinance with HUD. Merchants Capital, a division of Merchants Bank, arranged the nearly $50 million in bridge loans for the three developments. They include a 124-unit community in Cincinnati (which got a $13 million loan at a 24-month term), a 131-unit property in Columbus (with a 36-month $16 million loan) and a 124-unit community on the campus of another Wallick affordable senior living community in Hilliard (which obtained a $20 million loan for a... Read More »