Z-News | Senior Living Finance: The 26th Annual Ziegler Senior Living Finance + Strategy Conference
Next week, Ziegler will be hosting its 26th Annual Ziegler Senior Living Finance + Strategy Conference. We are excited to be gathering for the 26th year in a row for this impactful and high-caliber event.
Ziegler Advises Phorcys Capital Partners On $20,500,000 Acquisition Financing
Ziegler is pleased to announce its role as exclusive financial advisor in raising financing of $20,500,000 on behalf of Phorcys Capital Partners to acquire The Glen at Lake Oconee Village, a senior housing community located in Greensboro, Georgia. The Community was built in 2017 and offers independent living, assisted living, and memory care services. The financing was provided by Stride Bank N.A.
Z-News | Senior Living Finance: Industry Sales Data Refines Conventional Wisdom
In this week’s feature, we asked Lana Peck with Aline to share perspective on industry data they track related to leads, inquiries and time-to-close, among other key metrics. The following data and insights come from their organization’s expansive database and provides perspectives as to where we stand today compared to pre-pandemic levels.
Ziegler Closes $118,330,000 Financing For Emerald Heights (WA)
Ziegler announces the closing of $118,330,000 Series 2023 Bonds for Emerald Heights. Located in Redmond, WA, Emerald Heights will primarily use bond proceeds to refinance existing debt as well as fund the construction and equipping of 54 new assisted living units, a sky bridge connecting these units to the main independent living building and a Courtyard Expansion project consisting of 42 new independent living units.
Z-News | Senior Living Finance: Life Plan Community Occupancy Update: Q2 2023
Each quarter, we feature an analysis of the national landscape for Life Plan Community (LPC) occupancy. This issue of Z-News provides an update on the Q2 2023 data. We once again thank the team at National Investment Center for Seniors Housing & Care (NIC) for their deep dive into this important market segment.
ZCS Special Report – FYE 2022 Financial Ratio Medians for Not-For-Profit Entrance Fee CCRCs
Ziegler Credit Surveillance is pleased to present this annual study of 19 financial ratio median and quartile values we deem important for analyzing the credit quality of not-for-profit Continuing Care Retirement Communities. These ratios address profitability, liquidity, cash flow, and capital structure.
Z-News | Senior Living Finance: Reduced Agency Usage Among Senior Living & Care Providers
While we acknowledge that the staffing crisis within the senior living & care environment is not over, we are seeing signs of healing. A recent Ziegler CFO Hotline poll shows respondents are less reliant on agency staff compared to one year ago.
Ziegler Advises the Sale of Bethesda Rehab & Senior Care
Ziegler is pleased to announce its role as exclusive sell-side financial advisor to the sale of the Bethesda Rehab & Senior Care, a 135-bed skilled nursing facility located in Chicago. The transaction marks another sale of a not-for-profit to a for-profit.
Z-News | Senior Living Finance: Ziegler’s Recommended Reading List: Q3 2023
Once a quarter, we feature an issue of Z-News that is devoted to recommended reading. These lists include newly released research reports, hot-topic white papers or noteworthy articles that have meaningful information for the senior living & care sector.
Not-for-Profit Provider Checklist: Making the Decision to Take a New Strategic Path
The purpose of this checklist is to give not-for-profit senior living & care providers the tools necessary to make an informed decision regarding the future of their organization. In many instances, the items below can be “red flags” for organizations and can serve as a catalyst for making a meaningful change.