Selected Transactions

2013
Kendal at Oberlin
Oberlin, Ohio
Refunding
May 2013
$21,600,000
Plymouth Place Senior Living
La Grange Park, Illinois
Refunding
May 2013
$24,330,000
Fleet Landing
Atlantic Beach, Florida
Refunding
April 2013
$40,050,000
Clement Manor
Greenfield, Wisconsin
Non Bank Qualified Direct Purchase
February 2013
$15,580,000
Appalachian Christian Village
Johnson City, Tennessee
Refunding
February 2013
$19,520,000
Emerald Heights
Redmond, Washington
Refunding
February 2013
$29,845,000
The Terraces at Los Altos
Los Altos, California
Repositioning/
Renovation
February 2013
$71,250,000
2012
Saint John's Communities
Milwaukee, Wisconsin
Non Bank Qualified Direct Purchase
December 2012
$9,580,000
Harwood Place, Inc.
Wauwatosa, Wisconsin
Non Bank Qualified Direct Purchase
December 2012
$12,459,000
Greenwood Village South
Greenwood, Indiana
Refinancing/Bank Placement
December 2012
$31,350,000
Edgewater, A Wesley Life Active Communitiy
West Des Moines, Iowa
Non Bank Qualified Direct Purchase
December 2012
$20,300,000
El Castillo
Santa Fe, New Mexico
New Money/Refunding
December 2012
$24,030,000
Villa Guadalupe
Chicago, Illinois
LOC Renewal
December 2012
$2,995,000
Eliza Jennings
Cleveland, Ohio
Non Bank Qualified Direct Purchase
December 2012
$21,300,000
Epworth Villa
Oklahoma City, Oklahoma
New Money/Refunding
December 2012
$78,635,000
MRC The Crossings
Bryan, Texas
BANs
December 2012
$7,645,000
Episcopal Communities & Services
Pasadena, California
Refinancing
December 2012
$64,160,000
Episcopal Senior Communities
California
Repositioning/
Expansion
December 2012
$127,480,000
Kendal at Ithaca
Ithaca, New York
Refunding
November 2012
$8,985,000
Milwaukee Catholic Home, Inc.
Milwaukee, Wisconsin
Non Bank Qualified Direct Purchase
November 2012
$5,300,000
United Methodist Retirement Community
Chelsea, Michigan
Non Bank Qualified Direct Purchase
November 2012
$10,000,000
Terwilliger Plaza
Portland, Oregon
Refinancing
October 2012
$18,245,000
Royal Oaks
Sun City, Arizona
LOC Renewal
October 2012
$27,890,000
Christian Living Communities
Denver, Colorado
Refunding
October 2012
$49,195,000
Masonic Homes of Kentucky
Louisville, Kentucky
Refunding
October 2012
$49,655,000
Lutheran Home
Arlington Heights, Illinois
New Money/Repositioning
October 2012
$98,500,000
LindenGrove
New Berlin, Wisconsin
Non Bank Qualified Direct Purchase
October 2012
$15,015,000
LindenGrove
New Berlin, Wisconsin
New Money/Refunding
October 2012
$17,390,000
Asbury Pennsylvania Obligated Group
Pennsylvania
Refunding
October 2012
$51,640,000
Peninsula United Methodist Homes, Inc.
Maryland & Delaware
LOC Renewal
October 2012
$27,890,000
Peninsula United Methodist Homes, Inc.
Maryland & Delaware
Taxable Term Loan
October 2012
$14,775,000
Westminster Village Terre Haute
Terre Haute, Indiana
Taxable Term Loan
October 2012
$8,955,000
Westminster Village Terre Haute
Terre Haute, Indiana
Refunding
October 2012
$12,175,000
Masonicare
Wallingford, Connecticut
Non Bank Qualified Direct Purchase
September 2012
$33,000,000
Masonicare
Wallingford, Connecticut
LOC Replacement
September 2012
$73,680,000
The Terraces at San Joaquin Gardens
Fresno, California
Repositioning/
Renovation
September 2012
$71,035,000
River Woods
Exeter, New Hampshire
Non Bank Qualified Direct Purchase
September 2012
$65,605,000
Kahala Nui
Honolulu, Hawaii
Refinancing
August 2012
$73,400,000
Country Manor Campus LLC
Sartell, Minnesota
Refunding
August 2012
$20,410,000
The Barrington of Carmel
Carmel, Indiana
Taxable Corporate
August 2012
$7,000,000
The Barrington of Carmel
Carmel, Indiana
New Money/Start-Up
August 2012
$112,020,000
Covenant Retirement Communities
Skokie, Illinois
Refunding
August 2012
$150,170,000
Luther Manor
Milwaukee, Wisconsin
Non Bank Qualified Direct Purchase
August 2012
$21,170,000
ACTS Retirement-Life Communities
West Point, Pennsylvania
Refunding
July 2012
$80,465,000
ACTS Retirement-Life Communities
Gainesville, Georgia
Refunding
July 2012
$12,080,000
ACTS Retirement-Life Communities
Boca Raton, Florida
Refunding
July 2012
$13,330,000
Kansas Masonic Home
Wichita, Kansas
Construction/Term Loan
July 2012
$16,000,000
Nazareth Living Center
St. Louis, Missouri
New Money/Expansion
July 2012
$8,035,000
The Blakeford at Green Hills
Nashville, Tennessee
Refunding
July 2012
$29,210,000
Gilbert Residence
Ypsilanti, Michigan
Construction Loan
July 2012
$8,000,000
Holland Home Obligated Group
Grand Rapids, Michigan
Refunding
June 2012
$50,390,000
Capital Manor
Salem, Oregon
Refinancing
June 2012
$50,135,000
Wake Robin
Shelburne, Vermont
Refunding
May 2012
$23,835,000
Judson Park
Des Moines, Washington
Bank Placement
May 2012
$21,505,000
Inverness Village
Tulsa, Oklahoma
Refunding
May 2012
$47,130,000
Inverness Village
Tulsa, Oklahoma
LOC Renewal & Extension
May 2012
$25,000,000
Concordia Lutheran Ministries
Pittsburgh, Pennsylvania
Tax-Exempt VRDBs
May 2012
$25,225,000
Concordia Lutheran Ministries
Pittsburgh, Pennsylvania
Taxable VRDBs
May 2012
$4,275,000
North Hill
Needham, Massachusetts
Construction Loan
May 2012
$35,000,000
Covenant Retirement Communities
Skokie, Illinois
Construction Loan
March 2012
$13,500,000
Christian Care Communities
Louisville, Kentucky
LOC Renewal & Extension
March 2012
$14,455,000
Friendship Village of Tempe
Tempe, Arizona
Refinancing
March 2012
$77,030,000
Goodwin House Incorporated
Alexandria, Virginia
LOC Renewal & Extension
March 2012
$25,000,000
Lambeth House
Tulsa, Oklahoma
Taxable Term Loan
February 2012
$44,000,000
Concordia Lutheran Village
Springfield, Illinois
LOC Replacement
January 2012
$43,160,000
American Baptist Homes of the West (ABHOW)
California Obligated Group
Bank Placement
January 2012
$20,000,000
2011
New England Deaconess Association
Concord Massachusetts
Refunding
December 2011
$52,250,000
Asbury Pointe
Getzveille, New York
Refunding
December 2011
$7,790,000
Emerald Heights
Redmond, Washington
Bank Construction Loan/Collateral Restructuring
December 2011
$20,000,000
Rolling Green Village
Greenville, South Carolina
Tax-Exempt Bank Loan
December 2011
$13,500,000
Covenant Retirement Communities
Skokie, Illinois
Direct Placement
December 2011
$15,830,000
Covenant Retirement Communities
Skokie, Illinois
Direct Placement
December 2011
$43,335,000
Lourdes Senior Community
Waterford, Michigan
Bank Placement
December 2011
$6,935,000
Well-Spring
Greensboro, North Carolina
Taxable Term Loan
December 2011
$43,160,000
Kline Galland
Seattle, Washington
Bank Private Placement
December 2011
$20,880,000
Southminster
Charlotte, North Carolina
LOC Replacement
December 2011
$4,290,000
RiverMead
Peterborough, New Hampshire
Expansion
December 2011
$31,210,000
MRC Crestview
Bryan, Texas
New Money/Phase II
December 2011
$28,295,000
Shell Point Retirement Community
Fort Myers, Florida
Refunding
December 2011
$12,065,000
Total Longterm Care, Inc.
Denver, Colorado
New Money Financing/PACE
December 2011
$7,000,000
Tamarisk, Inc.
Warwick, Rhode Island
Bank Direct Purchase
November 2011
$10,375,000
Mary's Woods at Marylhurst
Lake Oswego, Oregon
Bank Construction Loan Placement
November 2011
$3,500,000
Phoebe-Devitt Homes
Allentown, Pennsylvania
LOC Replacement
November 2011
$5,240,000
Bishop Gadsden
Charleston, South Carolina
LOC Extension
November 2011
$17,200,000
Diakon Lutheran Social Ministries
Allentown, Pennsylvania
Refinancing - Mortgage Loan
November 2011
$4,500,000
Christian Homes, Inc.
Lincoln, Illinois
Line of Credit
November 2011
$10,000,000
Sunset Retirement Communities
Toledo, Ohio
Fixed-Rate Refunding
November 2011
$18,925,000
The Terraces at Bonita Springs
Bonita Springs, Florida
New Construction CCRC
November 2011
$143,120,000
Christian Living Communities
Denver, Colorado
New Money Financing/Clermont Park Phase II
November 2011
$24,445,000
Christian Living Communities
Denver, Colorado
Bank Placement/ Clermont Park Phase II
November 2011
$12,000,000
Retirement Housing Foundation
National Obligated Group & California Obligated Group
LOC Replacement
October 2011
$117,615,000
Riddle Village
Media, Pennsylvania
LOC Replacement
October 2011
$19,735,000
Virginia Mennonite Retirement Community, Inc.
Harrisonburg, Virginia
LOC Substitution
October 2011
$30,455,000
Episcopal Senior Communities
Walnut Creek, California California Obligated Group
New Money Financing/
Refunding
October 2011
$62,200,000
Riddle Village
Media, Pennsylvania
Private Placement
October 2011
$30,000,000
Goodwill Industries of Southeastern Wisconsin, Inc.
Wisconsin
Remarketing
September 2011
$7,675,000
BHI Senior Living
Indianapolis, Indiana
New Money Financing/Expansion
September 2011
$29,000,000
Linden Ponds
Hingham, Massachusetts
Fixed Rate Bond Exchange
September 2011
EXCHANGE AGENT
American Baptist Homes of the West (ABHOW)
Pleasanton, California
LOC Bank Replacement
September 2011
$15,000,000
Wake Robin
Shelburne, Vermont
LOC Extension
September 2011
$15,355,000
Briarwood Retirement Community
Worcester, Massachusetts
LOC Replacement
September 2011
$8,315,000
Lutheran Senior Services
St. Louis, Missouri
New Money Financing/Expansion & Renovation
September 2011
$47,425,000
St. John's Lutheran Ministries
Billings, Montana
Bank Placement
August 2011
$4,500,000
Mission Ridge
Billings, Montana
Bank Placement
August 2011
$10,000,000
Martin and Edith Stein Assisted Living Residence
Somerset, New Jersey
LOC Substitution
August 2011
$12,055,000
Masonic Home Independent Living II, Inc. - Miralea Project
Louisville, Kentucky
New Community
August 2011
$43,785,000
Sisters of St. Francis of the Holy Cross
Green Bay, Wisconsin
Construction/Term Loan
July 2011
$5,000,000
Community Village, Inc. d/b/a/ Hartsfield Village
Munster, Indiana
LOC Renewal
June 2011
$10,385,000
Collington
Mithcelville, Maryland
Affiliation Advisor
June 2011
AFFILIATION ADVISOR
Smith Crossing
Orland Park, Illinois
Construction Loan
Phase 2B
June 2011
$30,500,000
The Arlington of Naples
Naples, Florida
BANs Issue
June 2011
$10,900,000
Brothers of the Holy Cross
Notre Dame, Indiana
Private Replacement
June 2011
$2,865,000
Sisters of St. Francis of the Holy Cross
Green Bay, Wisconsin
Bank Qualified
June 2011
$3,150,000
Greenwood Village South
Greenwood, Indiana
Bank Placement
June 2011
$21,655,000
Fox Run
Orchard Park, New York
LOC Extension
April 2011
$4,800,000
Clark Retirement Community
Grand Rapids, Michigan
Taxable Term Loan
April 2011
$5,000,000
Lytton Gardens
Palo Alto, California
Private Placement
March 2011
$11,885,000
Smith Crossing
Orland Park, Illinois
Construction Loan
Phase 2A
February 2011
$7,000,000
2010
Friendship Village of Kalamazoo
Kalamazoo, Michigan
Bank Qualified
December 2010
$10,640,000
Briarwood Retirement Community
Worcester, Massachusetts
LOC Replacement
December 2010
$26,940,000
Charlestown Community
Catonsville, Maryland
New Money Financing/Refunding
December 2010
$124,995,000
Sunny Vista
Colorado Springs, Colorado
Bank Qualified
December 2010
$15,965,000
Lutheran Home of Wisconsin
Wauwatosa, Wisconsin
Bank Qualified
December 2010
$7,885,000
Community Village, Inc. d/b/a/ Hartsfield Village
Munster, Indiana
LOC Renewal
December 2010
$21,040,000
United Methodist Retirement Community
Chelsea, Michigan
Bank Qualified
December 2010
$12,500,000
Lifespace Communities
Des Moines, Iowa
New Money Financing/Refunding
November 2010
$30,385,000
Glacier Hills
Ann Arbor, Michigan
Bank Qualified
November 2010
$14,000,000
Pennybyrn at Maryfield
High Point, North Carolina
Bank Qualified
November 2010
$5,000,000
Redstone Presbyterian SeniorCare
Greensburg, Pennsylvania
Refunding
November 2010
$30,000,000
The Admiral at the Lake
Chicago, Illinois
New Construction
November 2010
$202,350,000
ACTS Retirement-Life Communities
West Point, Pennsylvania
Expansion & Renovation
November 2010
$54,630,000
Asbury Pennsylvania Obligated Group
Germantown, Maryland
Refunding
October 2010
$74,630,000
Mary's Woods at Marylhurst
Portland, Oregon
Refunding
October 2010
$28,730,000
Pleasant View Luther Home
Ottawa, Illinois
New Money Financing/
Repositioning
September 2010
$16,695,000
Lutheran Senior Services
St. Louis, Missouri
New Money Financing/Expansion & Renovation
September 2010
$38,300,000
Total Longterm Care
Denver, Colorado
New Money Financing/
PACE/Refunding
September 2010
$28,000,000
GreenFields of Geneva
Geneva, Illinois
New Community CCRC
August 2010
$117,600,000
AdventCare
Marblehead, Massachusetts
New Money Financing
July 2010
$2,640,000
Crestview Retirement Community
Bryan, Texas
New Money Financing/
Repositioning
July 2010
$27,250,000
Brewster Place
Topeka, Kansas
New Money Financing/Refunding
July 2010
$9,765,000
Christian Homes, Inc.
Lincoln, Illinois
New Money Financing/Refunding
July 2010
$25,000,000
Ohio Presbyterian Retirement Services
Columbus, Ohio
New Money Financing
June 2010
$25,000,000
Jewish Community Housing Corporation of Metropolitan New Jersey
West Orange, New Jersey
Refunding
June 2010
$19,365,000
Baywood Court
Castro Valley, California
New Money Financing/Refunding
June 2010
$18,940,000
Green Hill
West Orange, New Jersey
Expansion
May 2010
$14,275,000
Park Place of Elmhurst
Elmhurst, Illinois
New Community CCRC
May 2010
$175,540,000
La Loma Village (Sun Health Senior Living)
Litchfield Park, Arizona
Private Placement
April 2010
$42,000,000
Montereau, Inc.
Tulsa, Oklahoma
Expansion & Refunding
March 2010
$115,615,000
Friendship Village
of Schaumburg
Schaumburg, Illinois
New Money Financing/Refunding
(LOC Debt)
March 2010
$33,610,000
Carleton-Willard Village
Bedford, Massachusetts
New Money Financing/Refunding (LOC Debt)
March 2010
$17,800,000
Mirador
Corpus Christi, Texas
New Community CCRC
February 2010
$79,040,000
American Baptist Homes of the West (ABHOW)
Pleasanton, California
Expansion/Refunding
February 2010
$106,580,000
Aberdeen Heights
Kirkwood, Missouri
New Community CCRC
February 2010
$178,825,000
2009
The Episcopal Home Communities
Alhambra, California
Fixed-Rate Conversion
December 2009
$26,150,000
C.C. Young Memorial Home
Dallas, Texas
Expansion Financing
December 2009
$53,995,000
Asbury Maryland Obligated Group
Gaithersburg, Maryland
Private Placement
December 2009
$16,000,000
Asbury Maryland Obligated Group
Gaithersburg, Maryland
Fixed-Rate Refunding
December 2009
$43,820,000
Holland Home
Grand Rapids, Michigan
Bank Qualified
December 2009
$7,085,000
Sunset Retirement Communities & Services
Jenison, Michigan
Bank Qualified
December 2009
$26,000,000
Wittenberg Lutheran Village
Crown Point, Indiana
Expansion & Refinancing
December 2009
$37,710,000
Villa Guadalupe
Chicago, Illinois
Bank Qualified
December 2009
$3,345,000
Holland Home
Grand Rapids, Michigan
Bank Qualified
December 2009
$9,940,000
Holland Home
Grand Rapids, Michigan
Bank Qualified
December 2009
$9,740,000
Lakeview Village
Lenexa, Kansas
Renovation and Expansion
November 2009
$16,000,000
The Groves in Lincoln
Lincoln, Massachusetts
New Community
November 2009
$117,265,000
Diakon Lutheran Social Ministries
Allentown, Pennsylvania
Fixed-Rate Refinancing and New Money
November 2009
$123,210,000
Episcopal Retirement Homes
Cincinnati, Ohio
Bank Qualified
October 2009
$30,000,000
The Stayton at Museum Way
Fort Worth, Texas
Start-Up CCRC Financing
October 2009
$166,575,000
Hill View Retirement Center
Portsmouth, Ohio
Bank Qualified
October 2009
$7,875,000
United Methodist Retirement Communities
Chelsea, Michigan
Construction Loan
October 2009
$9,000,000
Friendship Village of Dublin
Dublin, Ohio
LOC Replacement
October 2009
$31,355,000
15 Craigside
Honolulu, Hawaii
Start-Up CCRC Financing
September 2009
$86,020,000
Saint John's Communities
Milwaukee, Wisconsin
Expansion
September 2009
$84,835,000
Southern California Presbyterian Homes
Glendale, California
Fixed-Rate Debt Refinancing
August 2009
$77,805,000
Congregation of the Third Order of St. Francis of Mary Immaculate
Joliet, Illinois
Bank Qualified
August 2009
$7,911,000
Christian Health Care Center
Wyckoff, New Jersey
Fixed-Rate Debt Restructuring
February 2009
$14,970,000
Christian Living Communities
Denver, Colorado
Redevelopment/
Interest Funding
February 2009
$29,755,000

2013

2012

2011

2010

2009