by Ben Swett | May 2, 2025 3:36 pm | Financings
In April 2025, Live Oak Bank closed a $25 million bridge loan for a Harbert Seniors Housing Fund I, LP-held seniors housing community. The loan provides a bridge-to-sale and features a three-year initial term, 36 months of interest-only payments and $2.8 million in... Read More »
by Ben Swett | May 1, 2025 4:10 pm | Opinion
Ventas came out with its first quarter earnings at the end of April, and although the results were decent, it may not have been the best timing to follow the strong quarter posted by Welltower earlier this week, as Ventas’s stock price tumbled 6.4% seemingly because... Read More »
by Ben Swett | May 1, 2025 4:03 pm | Financings
Grace Hill Capital, a real estate capital advisory firm specializing in seniors housing and healthcare that was founded in 2023 by Adam Shealy, served as exclusive financial advisor and placement agent for a bridge loan to refinance and recapitalize a seven-community... Read More »
by Ben Swett | May 1, 2025 4:02 pm | Acquisitions
Birmingham-based operator Atlas Senior Living is increasing its scale in northern Alabama, having acquired Thrive at Jones Farm in Huntsville. Atlas also operates The Goldton at Athens, Monark Grove Madison, and Madison at The Range, with Goldton being its luxury... Read More »
by Ben Swett | May 1, 2025 4:01 pm | Financings
Forbright Bank’s HUD lending team recently closed a 232/223(f) loan for a skilled nursing facility in Rockville, Maryland. The new $19.9 million loan refinanced the existing Forbright Bank bridge loan (which provided cash-out after the initial funding), returned the... Read More »