Finance

Ziegler Arranges $57M Financing for Expansion of Community in Michigan

by Jeff Shaw September 16, 2015

GRAND RAPIDS, Mich. — Ziegler Capital Markets has arranged $57 million in financing for Beacon Hill at Eastgate, a CCRC in Western Michigan, which includes approximately $36 million for the community’s Phase II expansion.

September 16, 2015

Finance News People

Capital One Provides $52M Recapitalization of ROC Community in Florida

by Jeff Shaw September 9, 2015

VENICE, Fla. — Capital One has provided a $52 million secured term loan for the recapitalization of Jacaranda Trace, a seniors housing community in Venice owned by a joint venture of ROC Seniors Housing Fund Manager and Freedom Senior Management.

September 9, 2015

Finance News People

Lancaster Pollard Hires Chad Elliott as Managing Director for Mergers and Acquisitions

by Jeff Shaw September 9, 2015

PHILADELPHIA — Lancaster Pollard has hired Chad Elliott as managing director of the firm’s mergers and acquisitions group. Working out of the Philadelphia office, Elliott will lead the firm’s advisory services for seniors housing and care properties.

September 9, 2015

Finance News Skilled Nursing

CFG Arranges $15.9M in Loans for Two Skilled Nursing Facilities in Tennessee

by Jeff Shaw September 4, 2015

MEMPHIS and DYERSBURG, Tenn. — Capital Funding Group (CFG) has arranged $15.9 million loans for The Highlands of Dyersburg and The Highlands of Memphis, two skilled nursing facilities in Western Tennessee.

September 4, 2015

Finance News Skilled Nursing

RED Arranges $3.5M FHA Loan for Skilled Nursing Facility in Ohio

by Jeff Shaw September 4, 2015

POLAND, Ohio — RED Mortgage Capital, the mortgage banking arm of RED Capital Group LLC, has arranged a $3.5M FHA 232/241(a) loan for Woodlands at Hampton Woods, a skilled nursing and assisted living facility located in Poland, along the eastern border with Pennsylvania.

September 4, 2015

CCRC Development Finance News

Cain Brothers Underwrites $27.6M Bond Financing to Expand CCRC in Oregon

by Jeff Shaw September 4, 2015

DALLAS, Ore. — Cain Brothers has underwritten $27.6 million in bond financing for Dallas Retirement Village, a continuing care retirement community (CCRC) in Dallas, about 15 miles west of Salem.

September 4, 2015

Finance News

Contemporary, Community & Southern Provide $10.5M Loan for Community in Oregon

by Jeff Shaw September 3, 2015

ASHLAND, Ore. — Contemporary Healthcare Capital LLC (CHC) and Community & Southern Bank (CSB) have jointly provided a $10.5 million loan for the acquisition of a seniors housing community in Ashland, near the California border.

September 3, 2015

Finance News People

Huntington Names Langenderfer Director of Healthcare Sales

by Jeff Shaw September 1, 2015

COLUMBUS, Ohio — Huntington Bancshares Inc. has named financial services veteran John Langenderfer the company’s director of healthcare sales and origination.

September 1, 2015

Finance News Skilled Nursing

Lancaster Pollard Provides $5.2M Acquisition Financing for Skilled Nursing Facility in Atlanta

by Jeff Shaw August 27, 2015

ATLANTA — Lancaster Pollard has provided $5.2 million in financing to partially fund the $6 million purchase of Reliable Health & Rehab at Lakewood in Atlanta.

August 27, 2015

CCRC Finance News

Ziegler Closes $42.6M Bond Financing for CCRC in North Carolina

by Jeff Shaw August 25, 2015

WINSTON-SALEM, N.C. — Ziegler, a specialty investment bank, has closed $42.6 million in bond financing for Moravian Home, which owns and operates Salemtowne, a nonprofit continuing care retirement community (CCRC) in Winston-Salem.

August 25, 2015

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