News

Ziegler Closes $58.6M Financing for Community Foundation of Northwest Indiana

by Jeff Shaw April 23, 2015

MUNSTER, Ind. — Ziegler, a specialty investment bank, has closed a $58.6 million tax-exempt, fixed-rate Series 2015 Bond issue through the Indiana Finance Authority for Community Foundation of Northwest Indiana (CNFI), which operates three not-for-profit hospitals and a continuing care retirement community (CCRC).

April 23, 2015

News

Berkeley Point Facilitates $8.2M Refinance of St. Anthony Village in Portland, Ore.

by Jeff Shaw April 23, 2015

PORTLAND, Ore. — Berkeley Point Capital has closed an $8.2 million FHA 232/223f loan for St. Anthony Village, a 127-unit independent living, assisted living and memory care community located in Portland. The FHA loan reduced the borrower’s interest rate by approximately 50 percent.

April 23, 2015

News

ROC Acquires Utah Community from Courtyard Retirement in Deal Brokered by HFF

by Jeff Shaw April 21, 2015

PROVO, Utah — HFF has closed the sale of The Courtyard at Jamestown, a 132-unit seniors housing community in Provo. ROC Seniors Housing Fund Managers LLC acquired the property from Courtyard Retirement Group I L.C. for an undisclosed amount.

April 21, 2015

CCRC News

Ziegler Closes $34.5M Financing for Conn. CCRC Seabury

by Jeff Shaw April 21, 2015

BLOOMFIELD, Conn. — Ziegler, a specialty investment bank, has closed $34.5 million in tax-exempt, fixed-rate Series 2015A bonds for non-profit continuing care retirement community Seabury.

April 21, 2015

News Operations

Mission Health Communities Takes Over Operations of 14 Skilled Nursing Facilities in Kansas

by Jeff Shaw April 21, 2015

TAMPA, Fla. — Windward Health Partners, a Tampa-based private investment and holding company, and its portfolio management company, Mission Health Communities, have taken over operations for 14 skilled nursing facilities in the state of Kansas.

April 21, 2015

Development News

Congress Building Completes $13M Conn. Community

by Jeff Shaw April 17, 2015

SOUTH WINDSOR, Conn. — Congress Building Corp., a construction firm based in Peabody, Mass., has completed construction on The Residence at South Windsor Farms, a $13 million senior living community in South Windsor.

April 17, 2015

Development News People

EPOCH Names Bernadette Clougher Director of Community Relations at Upcoming Mass. Community

by Jeff Shaw April 17, 2015

WESTWOOD, Mass. — EPOCH Senior Living has named Bernadette Clougher director of community relations at Bridges by EPOCH at Westwood, a memory care community opening in summer 2015 in Westwood. Clougher will oversee community outreach and tours.

April 17, 2015

News

Ensign Group Acquires Three Idaho Communities in Deal Brokered by Senior Living Investment Brokerage

by Jeff Shaw April 17, 2015

BOISE & TWIN FALLS, Idaho — Senior Living Investment Brokerage Inc. has arranged the acquisition of Heritage Assisted Living in Boise, and Heritage Assisted Living and Woodstone Assisted Living in Twin Falls.

April 17, 2015

News

HFF Arranges Sale of 129-unit Houston Community

by Jeff Shaw April 16, 2015

BAYTOWN, Texas — Dallas-based lender HFF has closed the sale of Remington Park at Baytown, a 129-unit independent and assisted living community.

April 16, 2015

Assisted Living Development News

Graycliff Capital Develops New South Carolina Assisted Living Facility

by Jeff Shaw April 16, 2015

SIMPSONVILLE, S.C. — Construction is underway on Fairview Park Assisted Living Facility, developed by Graycliff Capital Senior Housing, across a 10-acre parcel near Hillcrest Memorial Hospital in Simpsonville.

April 16, 2015

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