Mission impossible? Not for nonprofits that act swiftly amid growing sellers pool
More than half all provider sponsorship transactions saw senior housing and care organizations switch from not-for-profit to for-profit status from 2010 through 2020.
Ziegler
Providers could be headed for a wild, ‘wet’ summer
We’re going to see more investors venturing from the sidelines this summer, and they’re going to be willing to get far more than just a toe wet.
Expect more M&A activity, competition from for-profit operators in months ahead: Ziegler
The COVID-19 pandemic led to a significant variation of impact across senior living and care providers, but across the nation, the sector can expect to see an escalation of mergers, affiliations, acquisitions and closures over the next several years, according to speakers Wednesday at the 2021 Ziegler LeadingAge National Virtual Senior Living CFO Workshop.
About 30% of senior living communities report no COVID-19 cases: survey
Three in ten Ziegler survey respondents report no cases, and most say 2% or fewer residents and staff have tested positive. Meanwhile, four in ten say they’re easing lockdown restrictions.
BPHI purchases community
Brazos Presbyterian Homes Inc. has purchased membership interest in Longhorn Village, a life plan community in Texas, Ziegler announced.
Ziegler closes financing for care facility
Ziegler has successfully closed a $111 million bond issue for an Oklahoma-based corporation’s newest continuing care retirement community.
Ziegler closes on bonds for CCRC
Orchard Park CCRC, also known as Fox Run at Orchard Park in Buffalo, NY, has received $44.5 million in funding, Ziegler announced.
Ziegler announces bonds for Naples facility
Ziegler announced the closing of $20.93 million in tax-exempt fixed-rate bonds for The Arlington of Naples in Florida.
Ziegler closes $52M bond issue for ABHOW
Ziegler announced the closing of $52 million rated, tax-exempt, fixed-rate Series 2015 Bond issue for American Baptist Homes of the West Obligated Group.
Pennybyrn Maryfield receives financing
Ziegler has closed a $66 million bond issue for Pennybyrn at Maryfield, a North Carolina nonprofit corporation.
