Multi-Site Senior Living

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 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.

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.

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.

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.

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.

The September 2023 Ziegler CFO Hotline poll was devoted to the topic of Resident Monthly Fee Increases.  This has been an annual poll conducted by Ziegler for several years and is valuable to senior living organizations for budget planning.

In this week’s issue of Z-News, we feature the 200 largest not-for-profit single-site senior living communities in the country (increased from 150 over last year’s publication). This ranking is one of several additional rankings in the report beyond the primary “LZ 200” organizations. The rankings are based on total market-rate unit counts as of December 31, 2022.

In Thursday’s opening session at last week’s Senior Living Finance + Strategy Conference, Ziegler team members presented the annual “State of Senior Living & Senior Living Capital Markets.” This issue of Z-News recaps the key trends, latest industry research, market and economic indicators that were highlighted.

This week, Ziegler and LeadingAge have released the 20th Edition of the LeadingAge Ziegler 200 (LZ 200) publication. The report details the nation’s 200 largest not-for-profit senior living providers, as well as relevant business trends for the industry.