Tremper Capital Group Closes Several Financings
Tremper Capital Group showed off its variety with a series of financings closed for clients across the country. They included a construction loan, an acquisition loan, a bank refinance and a portfolio financing. First, the team closed non-recourse construction financing for an assisted living/memory care community in the Dallas-Fort Worth area. The financing supports the continued expansion of a high-quality seniors housing platform backed by Braemar Partners and operated by The Arbor Company. Construction projects are still getting done (and financed), as long as they are catering to high-income seniors in high-growth markets, with best-in-class operators, of course. Next, TCG closed... Read More »
Upstate New York SNF Trades Between Not-for-Profits
Joe Knapp of the Knapp-Stahler Group at Marcus & Millichap handled the sale of a skilled nursing facility in upstate New York. The Center For Nursing And Rehab in Hoosick Falls, New York, comprises 82 beds in a single-story building that sits on four acres. It was built in 1954, but renovated in 1979 and 1995. Apparently, the facility was generating large annual losses due to empty beds, as well as other factors. But there was strong interest in the property, with not-for-profit Essential Health selected as the buyer. Essential Health had been consulting with the not-for-profit medical system-seller, Southwestern Vermont Health Care, for two years on a turnaround plan, and... Read More »
Acquisition Financing Closed for Distressed California Community
Private debt fund and direct commercial real estate lender Wilshire Finance Partners closed an $8.15 million first lien bridge loan for the acquisition and repositioning of a distressed seniors housing community in California. The financing included reserves specifically allocated for capital improvements and operational support during the transition period. The assisted living community had been foreclosed on by its lender and placed into receivership as a result of operational and financial underperformance under the previous owner. The receiver made incremental improvements, but at the time of sale there was still plenty of upside potential. The financing was originated through... Read More »
Developer and Operator Secure Construction Financing
Another new development will soon be underway, with BLDG Real Estate and The Fellowship Family securing financing for a $100 million full-continuum community, Fellowship Wildlight. BLDG Real Estate is a real estate development firm that specializes in design, development and asset execution across multiple product types. The Fellowship Family is a multi-generational seniors housing owner/operator with a portfolio across the Southeast that offers independent living, assisted living, memory care and active adult units. Fellowship Wildlight is set to include 125 independent living units, eight active adult cottages, 48 assisted living units and 24 memory care units. The community will... Read More »
NHP Sets Sights on Seniors Housing
National Healthcare Properties drew attention when it decided to debut on the public markets, and it made its private pay seniors housing ambitions clear with its recent agreement to divest a large outpatient medical facility (OMF) portfolio. The 86-facility portfolio will be sold for $528.2 million, including $278 million of secured debt to be defeased or assumed by the potential buyer, and proceeds will likely be put towards SHOP acquisitions. That is yet another institutional player putting meaningful capital to work in the sector, with more likely on the way. The OMF portfolio divestment, along with several of NHP’s signed purchase and sale agreements for SHOP assets, have already... Read More »
Selectis Health Divests SNFs to Journey
In January, Selectis Health, Inc. completed the sale of two skilled nursing facilities in Georgia, including 71-bed Providence of Sparta Health & Rehab and 110-bed Warrenton Health & Rehabilitation. The assets sit less than 30 miles apart in Sparta and Warrenton, respectively. The buildings were initially constructed in the 1960s but were well-maintained and upgraded over the years. Selectis Health most recently focused on census growth and reimbursement revenue enhancement, realizing a 10% to 15% Medicaid daily rate increase in the second half of 2025. Selectis Health engaged Blueprint in its sales process, with Michael Segal and Daniel Waldhorn targeting in-state and out-of-state... Read More »
PE Group Divests to Regional Owner/Operator
An East Coast-based private equity group divested two seniors housing communities in Mississippi to a regional owner/operator pursuing expansion across the state. The communities total 108 assisted living and memory care units and offer operational synergies, given their close proximity in Oxford and Southaven. The communities were purpose-built in the early 2000s and operated as 100% private-pay assets. At the time of sale, both assets were well occupied and collectively generating in-place cash flow above $1 million. Blueprint represented the private equity group in its divestment, with Jacob Gehl and Dillon Rudy targeting regional owner/operators. There was strong interest with a... Read More »
T7 Capital Closes Array of Financings
Founded in 2025 by Ari Adlerstein and Josh Simpson, T7 Capital announced more than $320 million in recent financings closed across multiple transactions on behalf of healthcare operators and sponsors across the country. They included a combination of refinancings, acquisition loans and working capital facilities for both skilled nursing and seniors housing assets. The largest transaction was a $181 million refinancing and A/R facility for a 1,408-bed skilled nursing portfolio in Florida. There was also a $21 million acquisition financing for a 343-bed senior care portfolio in Illinois, a $38.7 million refinance of a 374-bed multistate portfolio, $59 million in financing for a 603-bed... Read More »
Two Western Closings from The Zett Group
The Zett Group closed a couple of seniors housing sales in the western United States. One deal was in the Reno, Nevada MSA, and featured a 65-unit assisted living/memory care community owned by a regional operator. The community boasted high occupancy and strong revenue, but there was room for improvement on the expense side. A local administrator backed by friends and family capital emerged as the buyer, making their first larger-scale seniors housing acquisition. Then, in Florence, Oregon, The Zett Group sold a 90-unit assisted living/memory care community also owned by a regional operator. Built in 1995 and expanded in 2008, the community featured a strong physical plant in a... Read More »
Dwight Capital Announces Q1 Activity
Dwight Capital, its affiliate REIT, Dwight Mortgage Trust (DMT), and Dwight Healthcare Funding (DHF) reported an active first quarter, closing a combined $294 million in senior care financings across a mix of HUD, bridge, and revolving line of credit (RLOC) financings, spanning 11 states. Among the featured HUD transactions was $46.9 million in financing provided by Dwight Capital for a portfolio of three skilled nursing facilities totaling 278 beds in Fort Pierce, Wauchula and Winter Haven, Florida. The loan proceeds refinanced existing debt provided by DMT. Adam Offman, Managing Director of Healthcare Finance, originated the transaction. Additional closings included a $22.5 million loan... Read More »Schedule a demo
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