Finance

LA GRANGE PARK, Ill. — Ziegler, a specialty investment bank, has closed $56.3 million in fixed-rate bonds for Plymouth Place Senior Living, a 360-unit continuing care retirement community in La Grange Park, approximately 15 miles southwest of Chicago.

LOUISVILLE, Ky. — Cain Brothers, an investment bank based in New York City, has arranged $49.9 million in bond financing for Christian Care Communities (CCC), a faith-based, nonprofit operator based in Louisville.

PRINCETON, Minn. — Lancaster Pollard has arranged a $6 million FHA loan to refinance Sterling Pointe Senior Living, a 57-unit independent living, assisted living and memory care community in Princeton, approximately 50 miles north of Minneapolis.

SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has expanded its revolving credit facility from $300 million to $400 million, while simultaneously entering into a new $100 million, seven-year, non-amortizing unsecured term loan.

ORLANDO, FLA. — Walker & Dunlop was Freddie Mac’s highest-producing seniors housing mortgage seller in 2015, and finished fourth in overall multifamily sales with a total of $5.11 billion.

TOLEDO, Ohio — Cain Brothers has arranged $40.6 million in direct bank purchase bonds for Lutheran Homes Society, a nonprofit seniors housing operator based in Toledo.