Confluent Development is expanding its presence in senior living despite persistent headwinds facing new development growth as construction starts remain at historic lows. The Denver,…
Posts published in “Finance & Development”
Private equity firm IRA Capital has formed a $500 million closed-end fund meant to target medical properties and senior housing assets across the country. The…
Following the changing credit conditions stemming from the Federal Reserve’s efforts to slow inflation, new permanent debt for senior housing has hit its lowest levels…
Transactions Grandbridge Real Estate Capital facilitates sale of communities Grandbridge Real Estate Capital’s senior housing investment sales team announced the sale of three senior housing…
Financings Ziegler Closes $212.9M financing Chicago, Ill.-based investment bank Ziegler announced the successful closing of Seafields at Kiawah Island’s $212.93 million series 2023 bonds. The…
This article is a part of your SHN+ subscription Senior living dealmaking volume is still well below where it has been in the past as…
Legend Senior Living expands Oklahoma footprint Wichita, Kansas-based Legend Senior Living recently announced the acquisition of The Linden at Stonehaven Square Assisted Living and Memory…
Grand Lifestyles has acquired a slate of supportive living communities formerly belonging to defunct operator Pathway to Living as part of a $150 million portfolio…
Financings KeyBank Provides $9.9M financing KeyBank Community Development Lending and Investment provided $9.9 million in low-income housing tax credit equity to finance the conversion of…
Senior housing mergers and acquisition activity rose 11% in the second quarter compared to the previous quarter of 2023 — but the volume remains 25%…
Sales JLL Capital Markets arranges sale of Oklahoma community JLL Capital Markets arranged the sale of a 105-unit community in a suburb of Tulsa, Oklahoma,…
Average senior housing capitalization rates have increased since last year, as active adult once again remains an attractive investment opportunity for favorable returns. That’s according…
Bain Capital is reportedly spinning up a third fund totaling $3.75 billion that will include senior housing projects as a targeted real estate investment type.…
A developer is well underway on plans to add senior living at two former shopping malls in the Chicago area. The Northfield, Illinois-based firm, Integrated…
Transactions Health Dimensions Group Begins Management of Communities Health Dimensions Group (HDG) announced it provided management services in addition to day-to-day operational oversight to two…
Link Senior Development and Insight Senior Living are forging ahead with vertically integrated senior living brand Ativo, with a handful projects underway and more to…
UnitedHealth Group’s Optum arm is buying Amedisys Inc. (Nasdaq: AMED) in a transaction totaling about $101 per share, or about $3.3 billion. The all-cash deal…
Sales Edgemere Closes Sale Embattled Dallas-based senior living community Edgemere announced that it has sold to Bay 9 Holdings, an affiliate of Lapis Advisers. Lapis…
Acquisitions Strawberry Fields REIT Agrees to 24-Facility Purchase Strawberry Fields REIT announced that it has entered into a purchase and sale agreement with an unaffiliated…