About Ben Swett
Articles Written by Ben Swett
Seller Divests and Exits Seniors Housing Space
Brooks Minford of Berkadia sold a seniors housing campus in central Florida, in the town of Lakeland between Orlando and Tampa. Built in 2014 and 2017, the community features 156 units of independent living, assisted living and memory care. It was well occupied at... Read More »
SNF Replaces Existing Financing with New HUD Arrangement
JD Stettin of Carnegie Capital arranged a couple of financings for two skilled nursing facilities in Texas. First, a 94-bed facility in the Wichita Falls market refinanced its existing acquisition financing with a new $8.5 million HUD arrangement. Built in the 1970s,... Read More »
CIBC Bank’s Recent Skilled Nursing Activity
CIBC Bank USA shared its recent financing activity, totaling more than $100 million. The largest transaction saw the bank provide a $50 million term loan and a $4.0 million working capital revolving line of credit to a regional owner/operator to refinance a skilled... Read More »Newmark Ends October with Portfolio Closings
Newmark announced a flurry of transactions at the end of October involving various institutional firms. The largest was a portfolio of seniors housing communities in the Northeast known as “Stars and Stripes.” Word on the street is that the portfolio sold for north of... Read More »Schedule a demo
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