Ziegler Prices Financing for Westminster-Canterbury on Chesapeake Bay
Ziegler is pleased to announce the successful pricing of Westminster-Canterbury on Chesapeake Bay’s $423,480,000 Series 2023A and 2023B Bonds. WCCB is carrying out an expansion to the Community, consisting of a new 22-story independent living apartment building totaling approximately 740,000 gross square feet on land adjacent to the community.
Plan now to respond to ‘profound’ demographics, experts advise
In a webinar Thursday, hosted by marketing firm Love & Company, experts including Dan Hermann, President & CEO, Head of Investment Banking at Ziegler, said that the not-for-profit senior living sector experienced a slowdown brought on by the Great Recession and the COVID-19 pandemic. This led to further effects from increased construction and operating costs
Z-News | Senior Living Finance: Ziegler CFO Hotline: The Future of Skilled Nursing
This issue of Z-News highlights some of the findings from the latest CFO Hotline report on the past, present and future of skilled nursing. Points covered include how providers have dealt with the aftermath of the pandemic, what economic pressures providers are dealing with, what has triggered the reduction in skilled nursing care beds and more.
Ziegler CFO Hotline Report: Future of Skilled Nursing
In mid-November 2023, a Ziegler CFO Hotline survey gathered feedback related to the future of Skilled Nursing (SN). Over 240 organizations participated in the survey. Approximately 60% were single-site senior living providers, while the remaining 40% represented multi-site providers. The respondent pool is heavily weighted towards Not-for-Profit Life Plan Community organizations. Please note this survey only collected responses from organizations that offer Skilled Nursing units.
Z-News | Senior Living Finance: University-Affiliated Senior Living Communities
This week’s Z-News highlights the affiliation between universities and senior living communities. With the Baby Boomer population retiring and seeking new experiences in senior living, university-affiliated senior living communities are continuing to take advantage of a popular trend.
Z-News | Senior Living Finance: Life Plan Community Occupancy Update – 3Q 2023
In previous issues of Z-News, we featured a deeper dive into Life Plan Community occupancy in partnership with National Investment Center for Seniors Housing & Care (NIC). This issue features an analysis of the Q3 2023 data for LPCs/CCRCs.
Z-News | Senior Living Finance: M&A in Focus: Not-For-Profit Sponsorship Transition Activity 2023 Update
Senior living and care organizations are looking for ways to partner, to achieve greater scale, and utilize resources that will strengthen operations for future stability. This issue of Z-News is intended to provide an update on the level of activity among not-for-profit providers and to uncover specific trends unfolding in recent years.
Financial Markets Update & Bond Buyback Opportunity Webinar
The webinar focused on current market conditions and we presented some unique opportunities available in today’s environment. We also reviewed both the fixed-rate and bank market and discussed secondary market activity and bond buyback opportunities.
Ziegler Closes Financing for Shenandoah Valley Westminster-Canterbury
Ziegler is pleased to announce the successful closing of Shenandoah Valley Westminster-Canterbury’s $52,500,000 Series 2023A and 2023B Bonds. Located in Winchester, VA, SVWC will primarily use bond proceeds to finance a 49 independent living villa apartment expansion project.