Multi-Site 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.
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.
Z-News | Senior Living Finance: Ziegler’s Recommended Reading List: Q4 2023
Once a quarter, we feature an issue of Z-News that is devoted to recommended reading. These lists include newly releases research reports, hot-topic white papers or noteworthy articles that have meaningful information for the senior living & care sector.
Z-News | Senior Living Finance: Proposed CMS Minimum Staffing Standards for Long-Term Care Facilities
In early September, the U.S. Department of Health and Human Services, through the Centers for Medicare & Medicaid Services (CMS), issued their proposed rule on Minimum Staffing Standards for Long-Term Care Facilities. This proposed rule builds on the President’s Action Plan for Nursing Home Reform launched in 2022.
Z-News | Senior Living Finance: Not-For-Profit Life Plan Community Financial Ratios and Medians
Last week, the 31st edition of the Financial Ratios & Trend Analysis of CARF-Accredited Continuing Care Retirement Communities was released. Ziegler is pleased to be a partner to CARF, along with Baker Tilly, on this annual publication.
Z-News | Senior Living Finance: Projecting Resident Monthly Fee Increases for the Year Ahead
Last week, Ziegler released its most recent CFO Hotline survey report focusing on resident monthly fee increases for 2023 and projected into 2024. This annual survey has been conducted by Ziegler for more than a decade.