Corporate Finance Senior Living
Ziegler Advises the Sale of St. Martins of the Pines
Ziegler is pleased to announce its role as exclusive sell-side financial advisor to the sale of St. Martin’s in the Pines, a 316-unit, fully licensed, life plan community located east of Birmingham, AL. Diversicare, a premier provider of post-acute care and the largest skilled nursing provider in Alabama purchased the community.
Ziegler Advises Comprehensive Care Capital on $20,525,000 Acquisition Financing
Ziegler announces its role as exclusive financial advisor in raising financing of $20,525,000 on behalf of Comprehensive Care Capital to acquire two senior housing communities, Banyan Place – Boca and Banyan Place – Lantana. Both offer independent living, assisted living and memory care services.
Ziegler Serves as Sole Advisor on South Pointe Assisted Living Sale
Ziegler served as exclusive sell-side advisor in the sale of South Pointe Assisted Living, a 42-unit independent living and assisted living community in Everett, Washington. The Community was owned by Radiant Senior Living, a west-coast based family-owner and operator of senior care communities.
Ziegler Closes $116,100,000 Financing for Methodist Retirement Communities
Ziegler announces the closing of Methodist Retirement Communities’ $116,100,000 Series 2021 Bonds. Headquartered in The Woodlands, north of Houston, MRC owns and operates 13 senior living communities throughout Texas. Proceeds will primarily be used to refinance the existing indebtedness of two MRC communities, The Crossings and Crestview.
Ziegler Advises CareSignal on its Acquisition by Lightbeam Health Solutions
Ziegler is pleased to announce it served as the exclusive financial advisor to CareSignal (St. Louis, MO), the pioneer of Deviceless Remote Patient Monitoring technology, on its acquisition by Lightbeam Health Solutions (Irving, TX), a leading population health management solution.
Ziegler Closes Refinancing for an Altitude Health Services Affiliate
Ziegler is pleased to announce the closing of a $13,600,000 refinancing for an Altitude Health Services affiliate. The HUD 232/223(f) refinance was for a 187-bed skilled nursing facility, doing business as Mountain View Health and Rehabilitation in El Paso, Texas.
Ziegler Serves as Exclusive Capital Structuring Advisor on Acquisition of Senior Housing Portfolio | $42,600,000
Ziegler is pleased to announce its role as exclusive capital structuring advisor in a $42,600,000 debt placement on behalf of Radiant Senior Living to finance the acquisition of a portfolio of three senior housing communities located in Washington and Montana.
Brethren Hillcrest Homes Case Study
Brethren Hillcrest Homes (“Hillcrest”),
a California nonprofit public benefit corporation, was incorporated in 1947
and operates a continuing care retirement community (“CCRC”) on a 53-acre campus in La Verne, California just 33-miles east of Los Angeles. Hillcrest maintains a unique campus with a wide variety of residence types, and offers a wide spectrum of services and care for eligible persons 62 years of age and older. Most of its structures are single- story residences, though some higher-density apartments were built as part of the Village Center Project in 2003.