• SLIB’s Red-Hot Start to May

    by | May 5, 2026 3:12 pm | Acquisitions

    Senior Living Investment Brokerage shot out of the gates in May, announcing six separate closings within just a couple of days. The closings included a couple of portfolios, two seniors housing asset sales and two skilled nursing deals. SLIB is on track for another record-breaking year. The largest deal was an eight-property seniors housing... Read More »

  • Independent Living Asset Near Breakeven Changes Hands

    by | May 5, 2026 2:56 pm | Acquisitions

    Blueprint handled the sale of a 60-unit independent living community located just outside of Cleveland, Ohio. At the time of sale, the property was operating around breakeven and offered the opportunity for upside. The option to transition the community to an assisted living waiver model was presented, but the incoming regional owner/operator... Read More »

  • National Health Investors Leans Further Into SHOP Growth

    by | May 5, 2026 2:54 pm | Acquisitions

    National Health Investors is continuing to lean into its SHOP segment, having invested $742.5 million into the strategy throughout the first quarter, a 106% increase from the prior year period. Year-to-date, the REIT has announced $212.4 million of investments, and is continuing to evaluate additional opportunities, focusing on private pay... Read More »

  • Senior Care Portfolio Secures Refinancing

    by | May 5, 2026 2:53 pm | Financings

    T7 Capital, a boutique seniors housing and healthcare advisory firm founded by industry veterans Ari Adlerstein and Josh Simpson, recently arranged a large bank refinancing for a portfolio of seniors housing and skilled nursing assets in Massachusetts. Working on behalf of a New York-based family office, T7 secured a $57.979 million loan from... Read More »

  • Regional Bank Provides Financing for MC Community

    by | May 5, 2026 2:51 pm | Financings

    Jeremy Warren of Montgomery Intermediary Group arranged a refinancing for a client’s 48-unit memory care community in Merrillville, Indiana. Originally built in 2016, the community was stabilized and had an approaching debt maturity. The owner sought to retire both the existing bank debt and an outstanding seller note from the initial... Read More »
Foundry Commercial and Fundamental Advisor Announces Another Acquisition

Foundry Commercial and Fundamental Advisor Announces Another Acquisition

by | Jan 8, 2021 9:09 am | Acquisitions

Ziegler’s Dan Revie and Tedd Van Gorden represented the seller of a 120-unit seniors housing community in Kansas. Featuring 60 assisted living, 40 memory care and 20 physician-directed care units, the sale also included an adjacent vacant lot where the new owner, a joint venture between Foundry Commercial and Fundamental Advisors, plans to develop independent living cottages.   Foster Senior Living will manage the community for the joint venture, which has already acquired six communities since forming in June, with other assets in Nebraska and South Carolina. Fundamental Advisors, in partnership with Scribner Capital, also provided the joint venture... Read More »
Ziegler Secures Two More CCRC Bond Financings

Ziegler Secures Two More CCRC Bond Financings

by | Dec 30, 2020 10:16 am | Financings

Ziegler’s impressive run of activity continued with a couple of financings closed in the normally quiet week between Christmas and New Year’s Day. The larger transaction saw $136.77 million of public bonds and bank capital closed for People of Faith, Inc., d/b/a Royal Oaks Life Care Community. Originally established in Sun City, Arizona in 1981, the CCRC consists of 258 independent living apartments, 102 IL garden homes, 59 assisted living units, 56 memory care units, and a 60-bed high acuity assisted living care center, which replaced the former skilled nursing facility on the 50-acre campus.   Ownership has a 20-year master plan to expand the property... Read More »
Ohio Obligated Group Secures Bond Financing

Ohio Obligated Group Secures Bond Financing

by | Dec 30, 2020 10:08 am | Financings

The Methodist Retirement Center of Central Ohio, a not-for-profit, faith-based corporation doing business as The Wesley Communities, recently refinanced its three senior living communities in the Columbus, Ohio area with a bond financing arranged by Ziegler. This was Ziegler’s first underwriting with The Wesley Communities. The portfolio comprises 668 units of independent living, assisted living, memory care and skilled nursing. However, the obligated group excluded the assisted living, memory care and skilled nursing units at one campus and the AL and MC units at another (260 units altogether) that were financed by HUD. So, the obligated group actually consists of 408 units... Read More »
Symphony Care Network Acquires Four of Its Operated Communities

Symphony Care Network Acquires Four of Its Operated Communities

by | Dec 22, 2020 5:42 pm | Acquisitions

Ziegler’s Senior Housing & Care Finance Practice has been busy this month, reportedly closing a number of transactions in the last week, the most recent one for a portfolio of four skilled nursing facilities and one assisted living community in Illinois. Christopher Utz arranged and negotiated a $49.4 million debt placement for the current operator, Symphony Care Network, to acquire the portfolio from its REIT landlord. There are a total of 616 licensed skilled nursing beds and 109 assisted living units, and Symphony has been operating the properties since 2012.   Given the more conservative lending requirements nowadays, we imagine the portfolio was able to more than... Read More »
Ziegler Brokers Another Bank Bond Financing

Ziegler Brokers Another Bank Bond Financing

by | Nov 25, 2020 10:47 am | Financings

Ziegler has been on a roll lately, closing one bank bond financing after another for CCRC clients across the country. Its latest closing, working with Truist and Hancock Whitney, was for a not-for-profit CCRC in Fort Myers, Florida.   Founded in 1995, the community has grown over the years to include 333 independent living units, 44 IL villas, 44 assisted living units, 44 memory care units and a 64-bed/unit skilled nursing facility. It sits adjacent to HealthPark Medical Center and close to both Estero Bay Preserve State Park and Fort Myers Beach.  To replace outstanding debt, reimburse and fund certain capital expenditures and fund a debt service reserve... Read More »