About Ben Swett
Ben joined Irving Levin in the summer of 2014 as an Analyst, responsible for the research and reporting on seniors housing M&A and finance news for the Senior Care Investor, in addition to providing research and analysis for Irving Levin’s healthcare sector reports.
Ben graduated from Hamilton College with a B.A. in History (concentrating on the American Civil War) and minors in French and Economics. When not at the office, chances are you will find Ben on the tennis court.
by Ben Swett | Nov 15, 2024 3:11 pm | Acquisitions
A large seniors housing community in Lexington, Kentucky, sold with the help of the team at Newmark. Built in 1986 and renovated in both 2015 and 2022 (a significant $6 million renovation in 2022), Richmond Place features 257 units of independent living, assisted... Read More »
by Ben Swett | Nov 13, 2024 8:18 am | Acquisitions
An assisted living/memory care community in rural southern Minnesota found a new owner with the help of Ray Giannini of Marcus & Millichap. Built in 2017, Bridgwater at Janesville features 24 units. It featured a 90% waiver census and was fully occupied at the... Read More »
by Ben Swett | Nov 13, 2024 8:16 am | Financings
Berkadia arranged financing for a 104-bed skilled nursing facility in Eagles Pass, Texas. A Fort Worth, Texas-based owner/operator had successfully operated the property since 2019 and financed its purchase of the leased fee interest of the property with the loan.... Read More »
by Ben Swett | Nov 8, 2024 2:14 pm | Financings
A CCRC in Southern Pines, North Carolina, near the world-famous Pinehurst Golf Course, is embarking on an independent living expansion project with the help of bond financing arranged by Ziegler. Currently comprising 150 IL units, 42 assisted living units and 32... Read More »
by Ben Swett | Nov 8, 2024 2:11 pm | Financings
MONTICELLOAM closed $87.0 million in total bridge and working capital financing for a portfolio of four skilled nursing facilities totaling 450 beds in Florida. The $80 million bridge loan carries a two-year term, with two six-month extensions, and will be used to... Read More »