• CareOne/Cardinal Purchase Pennsylvania Property

    by | Jul 17, 2025 1:04 pm | Acquisitions

    Blueprint was brought on by a Boston-based real estate investment and development firm in its divestment of a non-core seniors housing community in Quakertown, Pennsylvania. Built in 1989, Independence Court of Quakertown is an 89-unit, 116-bed assisted living community. Occupancy struggled to fully recover from pandemic-era lows, pushing the... Read More »

  • Two Separate Transactions Close in California

    by | Jul 17, 2025 1:03 pm | Acquisitions

    The Reis Team at Marcus & Millichap handled two separate closings in California. First was a lease transaction for an assisted living community in Southern California with 260 beds. The real estate is owned by a local investor, and the team sourced a growing California-based operator that was looking to expand its footprint in the... Read More »

  • Town Lane Acquires Two Communities and Recapitalizes a Third

    by | Jul 17, 2025 1:02 pm | Acquisitions, Financings

    Discovery Senior Living announced the recapitalization and closing of three Class-A, purpose-built, independent living, assisted living and memory care communities: Discovery Village at Naples (Naples, FL), Discovery Village at Sarasota Bay (Sarasota, FL) and Discovery Village at Castle Hills (Lewisville, TX).  All three communities were... Read More »

  • Oxford Finance’s Healthy First Half of 2025

    by | Jul 17, 2025 1:00 pm | Financings

    Oxford Finance announced a healthy first half of 2025, with more than $715 million in new loan commitments during that period. The largest transaction saw Oxford provide a $234.9 million term loan and a $22.0 million revolving line of credit to refinance four behavioral health facilities and finance the acquisition of 13 skilled nursing... Read More »

  • Cambridge Realty Capital Provides HUD Loans

    by | Jul 17, 2025 12:58 pm | Financings

    Cambridge Realty Capital provided $19.316 million in HUD-insured Section 223(f) financing for two seniors housing assets in Texas and Missouri. The Texas financing was provided for the purchase of Ashwood Court, a 120-bed assisted living community in North Richland Hills. The Missouri financing was provided for the refinance of Northland... Read More »
From Allen to Ziegler

From Allen to Ziegler

by | Apr 13, 2016 8:30 am | Developments, Financings

Ziegler just closed on a $26.2 million tax-exempt bond financing for Christian Care Centers (CCC), a not-for-profit based in Texas. CCC operates two retirement communities in Texas and is in the process of completing construction of a rental community in Allen, Texas, which will have 22 independent living units, 32 assisted living units and 36 memory care units. Read More »

Ziegler’s $1 billion relationship

by | Nov 26, 2015 8:30 am | Financings

Senior Quality Lifestyles Corporation (SQLC), a Texas-based nonprofit that operates six senior living communities, hired Ziegler for the fourth time in 2015 to refinance one of its properties, which is located in the Barton Creek neighborhood of Austin, Texas and consists of 157 independent living units, 10 IL villas, 40 assisted living units, 23 memory care units and 42 skilled nursing beds. In order to refund $37.7 million in outstanding Series 2005 Bonds and finance renovations on the property, including a restoration project, SQLC turned to Ziegler to close a $50.69 million tax-exempt bond issue. The financing also helped fund a debt service reserve fund, pay the cost of issuance and... Read More »

Ziegler funds reposition project

by | Nov 13, 2015 8:32 am | Developments, Financings

A Kentucky nonprofit with plans to renovate and reposition its skilled nursing facility in the town of Covington (Cincinnati MSA) turned to Ziegler to close a $48.7 million non-rated, fixed-rate bond issue. Incorporated in 1962, Kenton Housing has repositioned its facility several times before, most recently in 1992 when the 210-bed facility existing today was constructed on an 11-acre plot in Covington. Now, the company plans to spend upwards of $33.5 million to both renovate its existing building and construct a new senior care facility in the town of Elsmere, which will consist of 54 skilled nursing beds and 20 memory care units. Kenton Housing will transfer the CON for 34 licensed... Read More »

Ziegler closes $135 million for Covenant Retirement Communities

by | May 26, 2015 5:55 pm | Financings

Ziegler closed over $135 million in financing for Covenant Retirement Communities (CRC), an Illinois not-for-profit that owns and operates CCRCs in several locations throughout the U.S. The Obligated group consists of 4,769 units in 14 communities across eight states, with 3,065 independent living units, 755 assisted living units, and 949 skilled nursing beds. To refund the company’s outstanding Series 2005 bonds in the amount of $118.11 million, fund a debt reserve fund and pay certain costs of issuance, CRC issued $112.8 million in fixed-rate refunding bonds. Closing concurrently was $22.34 million of variable rate refunding bonds, which were immediately placed with Bank of America with... Read More »