PSL sells Phillipsburg, PA, CCRC to Continuum Healthcare to focus on ‘strong emphasis’ in independent living… Ziegler advises on sale of 100+ bed SNF in Chicago … DiningRD acquires Kind Dining...
Smaller wage increases predicted for 2024: survey
By
Kathleen Steele Gaivin
Mar 08, 2024
Wage increases for senior living and care employees are predicted to dip from 4.43% in 2023 to 3.64% this year, according to responses to a newly released Ziegler CFO Hotline survey.
Actions & Transactions, March 8
By
Kathleen Steele Gaivin
Mar 08, 2024
Ziegler advises on sale of Parkview Christian Retirement Community in Portland, OR … LCS Development to lead Cypress Glen $90M expansion project … Ellipsis, Invesque, HDG JV celebrates opening at Denver-area...
Occupancy higher at entrance fee CCRCs compared with rental CCRCs
By
Kathleen Steele Gaivin
Mar 01, 2024
The occupancy rate for entrance fee continuing care retirement / life plan communities was greater than 90% in the fourth quarter of 2023, according to Omar Zahraoui, principal at the National Investment...
Actions & Transactions, Feb. 23
By
Kathleen Steele Gaivin
Feb 23, 2024
Ziegler prices $67.2M series 2024 bonds for United Methodist Retirement Homes … American Healthcare REIT amends credit facility … CVS Health invests almost $35M in affordable housing in Hawaii
Outlook for senior living and care ‘somewhat mixed,’ Ziegler predicts
By
Kathleen Steele Gaivin
Feb 15, 2024
This year’s economic challenges for senior living and care will be “somewhat mixed,” according to specialty investment bank Ziegler’s annual recap of the previous year and predictions for the year...
Access to capital expected to remain even in 2024, experts say
By
Kathleen Steele Gaivin
Feb 14, 2024
Attendees of a Tuesday webinar were split fairly evenly in their views of whether access and cost of capital would be similar to 2023 or better.
Actions & Transactions, Jan. 19
By
Kathleen Steele Gaivin
Jan 19, 2024
Ziegler advises on sale of Elkhart Lake, WI, senior living community … Sherman & Roylance facilitates sale of West Orange, NJ, assisted living community … Watermark Retirement Communities, Alliance...
Actions & Transactions, Jan. 12
By
Kathleen Steele Gaivin
Jan 12, 2024
Berkadia completes $56.6M in HUD loans for 4 senior living properties … Ziegler closes $10.5M in financing for Jacaranda Trace in Venice, FL … Blueprint advises on sale of Dove portfolio in Wisconsin...
Actions & Transactions, Jan. 11
By
Kathleen Steele Gaivin
Jan 11, 2024
JLL closes $179.5M 7-year fixed rate loan with Fannie Mae for Brookdale … Ziegler provides $68.5M financing for Acts Retirement–Life Communities … Capital Funding Group closes $9.5M HUD loan for...