Healthpeak Properties (NYSE: PEAK) has more credit at its disposal. The Denver-based real estate investment trust (REIT) announced on Monday that it closed on a…
Posts published in “Fitch Ratings”
Transactions & Financings: Five Star Offers Business Update; Front Porch’s $306M Refinancing
By The Citizen on September 14, 2021
Five Star Senior Living (Nasdaq: FVE) this week offered a business update, covering its transition of 108 communities to new operators, as well as occupancy…
Transactions & Financings: United Church Homes & Services Rebrands; Capital Bay’s $590M European Senior Housing JV
By The Citizen on August 30, 2021
United Church Homes and Services has a new name. The Newton, NC-based nonprofit provider is rebranding as EveryAge, in conjunction with the organization’s 50th anniversary.…
Transactions & Financings: NHI’s Completes 8-Property, $115M Holiday Portfolio Sale; Bridge Sells Community for $15M
By The Citizen on August 23, 2021
National Health Investors (NYSE: NHI) completed a sale of eight communities operated by Holiday Retirement. The total price was $115 million. The communities total 909…
Transactions & Financings: Ventas Prices $500M Senior Notes Offering; HJ Sims’ $44M Refinancing for Aldersgate
By The Citizen on August 16, 2021
Ventas (NYSE: VTR) is raising more money to shore up its financial position in the wake of its acquisition of New Senior Investment Group (NYSE:…
Transactions & Financings: Brookdale Completes Sale of Home Health, Hospice Arms; Vicar’s Landing Secures $116M Bond Financing
By The Citizen on July 18, 2021
Brookdale Senior Living (NYSE: BKD) completed the previously announced sale of its home health, hospice and outpatient therapy business line to HCA Healthcare. The sale…
Transactions & Financings: PGIM, Greystone Facilitate Harrison Street-Oakmont Deal; Lifespace, Phoenix, Alta Grow
By The Citizen on July 6, 2021
Harrison Street Real Estate Capital’s $1.2 billion acquisition of 24 senior living communities formerly owned by Healthpeak Properties (NYSE: PEAK) and Gallaher Companies in early…
Transactions & Financings: Enso Village Closes $297M Bond Funding; Acts Retirement-Life Communities Bond Rating Affirmed
By The Citizen on June 25, 2021
Enso Village, the $300 million life plan community under development from Kendal Corporation, Greenbrier Development and the San Francisco Zen Center, now has the majority…
Transactions & Financings: Welltower’s $4 Billion Credit Facility; Ziegler’s $141M Financing Deal Volume
By The Citizen on June 11, 2021
Welltower (NYSE: WELL) improved its near- and long-term liquidity. The Toledo, Ohio-based health care real estate investment trust closed on an expanded $4 billion unsecured…
Transactions & Financings: Lifespace Sells 2 CCRCs; Cano Health Completes $4.4B SPAC Deal
By The Citizen on June 4, 2021
Lifespace Communities continues to make progress in its efforts to streamline its portfolio for growth. The West Des Moines, Iowa-based nonprofit continuing care retirement community…
Transactions & Financings: Healthpeak’s $550M Cash Tender Offer; Bankruptcy Court Approves $76M Henry Ford Village Sale
By The Citizen on May 27, 2021
Healthpeak Properties (NYSE: PEAK) continues to shore up its financial position. The Denver-based health care real estate investment trust (REIT) announced cash tender offers for…
CCRC Resilience By The Numbers: Understanding a Senior Living Covid-19 Success Story
By The Citizen on May 27, 2021
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Transactions & Financings: Cambridge’s $446M IRR Volume; VIUM’s $750M First Year
By The Citizen on May 17, 2021
Cambridge Realty Capital found a way to place new debt during the coronavirus pandemic. The West Palm Beach, Florida-based financial services firm announced it closed…
Transactions & Financings: Charter Health Care Acquires Hospice Provider; Standard Communities’ $68M Senior Apartment Deal
By The Citizen on April 13, 2021
Charter Health Care Group is expanding its post-acute care platform. The Cucamonga, California-based provider acquired The Providence Hospice and The Providence Home Health Services, a…
Transactions & Financings: Welltower Closes $750M Note Offering; Boston Financial’s $173M LIHTC Fund
By The Citizen on April 5, 2021
Welltower (NYSE: WELL) is improving its liquidity debt maturities situations. The Toledo, Ohio-based health care real estate investment trust closed a $750 million offering of…
Transactions & Financings: Focus’ $165M Portfolio Acquisition; Sabra’s $29M Transaction
By The Citizen on March 23, 2021
Focus Healthcare Partners is adding more independent living to its senior housing portfolio. The Chicago-based health care real estate investor acquired four independent living communities…
Transactions & Financings: NIC Acquires VisionLTC Data Platform; Atlas Expands Footprint
By The Citizen on March 12, 2021
The National Investment Center for Seniors Housing & Care (NIC) is strengthening its data analytics platform. The industry group this week announced the acquisition of…
Transactions & Financings: Pennant Group Expands Credit Facility; Springpoint’s $115M Refinancing
By The Citizen on March 1, 2021
The Pennant Group (Nasdaq: PNTG) gave itself more financial flexibility a year into the coronavirus pandemic. The Eagle, Idaho-based company amended its revolving credit facility…
Transactions & Financings: McFarlin Group Sponsors Global Investor; Greystone’s $24M HUD Loan
By The Citizen on February 16, 2021
McFarlin Group is looking beyond the U.S. for senior housing investors. The Dallas-based fully integrated senior housing firm became a sponsor of Private Wealth Global,…
Transactions & Financings: PGIM’s $222M Financing for Aegis; Healthpeak Prices $1.45B in Notes
By The Citizen on January 27, 2021
Earlier this month, Aegis Living and its joint venture partner, Blue Moon Capital Partners, acquired 10 assisted living and memory care communities from Healthpeak Properties…