Financial

Mesa West Capital has provided a joint venture led by SRM Development with $67 million in short-term, first mortgage debt to refinance Westmont of Milpitas, a recently opened 199-unit senior housing community in the Silicon Valley community of Milpitas, CA. Developed by SRM, Westmont of Milpitas was completed in late …

Sonida Senior Living, Inc. (NYSE: SNDA), (the “Company” or “Sonida Senior Living”) one of the nation’s leading senior living owner-operators, announced that it has entered into a term loan agreement to refinance certain existing mortgage debt. The transaction includes an initial term loan of $80 million and up to $50 …

Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for February 2022. February was the fourth consecutive month of positive year-over-year weighted average occupancy growth since the pandemic began. Achieved positive net move-ins and move-outs (MIMO) in February for first time since 2014 while weighted average occupancy held relatively flat …

JLL Capital Markets announced today that it has closed $145 million in acquisition and capital improvement financing for two seniors housing portfolios. The first portfolio includes six properties throughout the Northeast, and the second comprises nine properties in the Southeast. JLL worked on behalf of the borrowers, Sculptor Real Estate …

Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the three-month period ended December 31, 2021, and for the year ended December 31, 2021. In this document, “Q3” refers to the three-month period ended September 30; “Q4” refers to the three-month period ended December 31; “2021” refers to …

Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced its financial results for the three months and year ended December 31, 2021 and provided an update on its growth and expansion initiatives. The Consolidated Financial Statements and accompanying Management’s Discussion and Analysis (“MD&A”) are available on the …

Solvere Living, a senior living management company, partners with Patriot Angels to help United States Wartime Veterans get approved for aid benefits through the Department of Veterans Affairs. Patriot Angels helps make senior living more affordable by streamlining the application process, successfully helping thousands of Veterans and spouses obtain benefits …

Welltower Inc. (NYSE: WELL) announced results for the quarter ended December 31, 2021. Recent Highlights Reported net income attributable to common stockholders of $0.13 per diluted share Reported normalized FFO attributable to common stockholders of $0.83 per diluted share Seniors Housing Operating (“SHO”) portfolio spot occupancy increased approximately 70 basis points (“bps”) during the …

Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or the “Company”) announced results for the quarter and full year ended December 31, 2021. HIGHLIGHTS Fourth quarter revenue per available unit (RevPAR) increased approximately 4% compared to the prior year quarter, including an 80 basis point increase in occupancy. Fourth quarter consolidated weighted …

Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of February 2022, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on March 15, 2022 …