Communities

Ziegler Closes $42.54 Million Beacon Hill at Eastgate Financing

Ziegler, a specialty investment bank, announces the successful closing of the Michigan Christian Home d/b/a Beacon Hill at Eastgate (“Beacon Hill”) $42,540,000 Series 2017 Bonds. Beacon Hill, a Michigan non-profit corporation was founded in 1951 by area Baptist churches to…

Ziegler Closes $4.9 Million FHA Refinancing of an Affordable Housing Project in Virginia

CHICAGO–Ziegler, a specialty investment bank, has announced the successful closing of the $4,876,000 refinancing of Heritage Haven by Ziegler Financing Corporation (ZFC), the FHA-insured mortgage lending arm of Ziegler. Heritage Haven is a 150-unit affordable housing community sponsored by Virginia…

Watercrest Senior Living Group and Waypoint Residential Announce Joint Venture for Senior Living Project in Newnan, Georgia

VERO BEACH, FL, and STAMFORD, CT–Watercrest Senior Living Group based in Vero Beach, FL, and Waypoint Residential announce their joint venture partnership to develop Watercrest Newnan Assisted Living and Memory Care Community. The 107-unit, resort-style senior living community situated on 9…

John Paul Mitchell Systems and PS Salon & Spa announce partnership

BEVERLY HILLS, CA, and CLEVELAND–John Paul Mitchell Systems (JPMS), the largest privately held manufacturer of professional salon products, and PS Salon & Spa (PS), the largest professional salon and spa operator in the national senior living market, announced that the…

Validus Senior Living Closes Five-year, $117.5 Million Revolving Credit Facility with SunTrust to Finance Ongoing Acquisitions

TAMPA, FL–Validus Senior Living, a leading Tampa-based long-term care company, today announced the closing of a $117.5 million syndicated revolving line of credit with SunTrust Robinson Humphrey. The funds are supporting the acquisitions of two new Inspired Living communities–Inspired Living…

Cypress Cove Selected as First Senior Community for New Post-Occupancy Evaluation Program

GRANDVILLE, MI–The Cottage at Cypress Cove, the newly constructed assisted living memory care residence on the Fort Myers, FL, continuing care retirement community of Cypress Cove at HealthPark Florida, has been selected to serve as the first U.S. site for…

Sunrise Senior Living Saves Antique Barn in Connecticut, Donates Structure to the Wilton Historical Society

MCLEAN, VA, & WILTON, CT–With construction efforts set to begin for a new assisted living community in Wilton, CT, Sunrise Senior Living has announced that it will save the historic barn on the old Young’s Nursery grounds, located at 211 Danbury…

Eskaton Recognized as a Top Senior Care Provider in the Nation

SACRAMENTO, CA–Eskaton, a non-profit community-based organization serving seniors in the Greater Sacramento area for nearly 50 years, recently garnered a slew of top honors from a multitude of organizations. U.S. News and World Report included Eskaton Care Center Fair Oaks, Eskaton…

Twenty-Five Brookdale Communities Earn ENERGY STAR® Certification

NASHVILLE, TN–Brookdale Senior Living has announced that 25 of its senior living communities have earned the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR® certification. ENERGY STAR® is the government program designed to help consumers, businesses and agencies save money by…

LTC Enters $23 Million Joint Venture with New Partners

WESTLAKE VILLAGE, CA–LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced it entered into a real estate joint-venture relationship with affiliates of Tealwood Senior Living and developer Tukka…