Financial

CHICAGO–Ziegler, a specialty investment bank, announced the successful closing of the Horizon House Project $75,000,000 Series 2017 Bonds. Horizon House is a Washington nonprofit corporation and 501(c)(3) organization that was established in 1961 to develop, own and operate senior living communities. Today, Horizon House owns and operates a continuing care …

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 provide senior living and healthcare services in a Christian environment …

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 Mennonite Retirement Community (VMRC). VMRC began operations in 1954 and …

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 at Ocoee in Florida and Inspired Living at Kenner in …

NEWTON, MA–Senior Housing Properties Trust (Nasdaq: SNH) today announced that it expects to report a gain of approximately $308 million on the sale of four senior living communities. The four communities to be sold are all currently leased to Sunrise Assisted Living, Inc. (“Sunrise”) for terms ending December 31, 2023 …

CHICAGO–Ventas, Inc. (NYSE: VTR) today announced the completion of a series of transactions with Atria Senior Living (“Atria”), one of its leading senior housing operating partners, under which Atria’s management team has raised growth capital by selling 50 percent of their ownership in Atria’s management business to Fremont Realty Capital …

CHICAGO–Ziegler, a specialty investment bank and one of the nation’s leading underwriters of financing for not-for-profit senior living providers, has announced the successful closing of the $17,630,000 Series 2017A&B financing for Valley Vista Care Corporation, a long-standing Ziegler client. Valley Vista Care Corporation (the Corporation) and Valley Community Housing Corporation …

DALLAS–Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of and financing for The Heritage Tradition, a 303-unit, Class A+ seniors housing community in the Del Webb master planned community of Sun City West, Arizona. The HFF team marketed the property on behalf of the undisclosed seller, and procured the buyer, …

LOUISVILLE, KY–Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) today announced that it has completed additional transaction closings (the “Closings”) related to its previously announced agreement with BM Eagle Holdings, LLC, a joint venture led by affiliates of BlueMountain Capital Management, LLC (“BlueMountain”), to sell the Company’s skilled nursing facility …

In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on BKD, EVHC, GEN, and KND which is a click away at www.wallstequities.com/registration. In today’s pre-market research, WallStEquities.com covers the following equities: Brookdale Senior Living Inc. (NYSE: BKD), Envision Healthcare Corp. …