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.

Articles Written by Ben Swett

JLL Secures Financing for CA Community

by Ben Swett | Sep 21, 2023 4:40 pm | Financings | 0 comments

JLL Capital Markets announced that it secured $43.24 million in financing for an 86-unit assisted living/memory care community, Varenita of Westlake, on behalf of Westlake Senior Living Center. Alanna Ellis and Ace Sudah of JLL handled this transaction, which amounts... Read More »

60 Seconds with Swett: SNFs Get a Bad Grade

by Ben Swett | Sep 19, 2023 3:00 pm | 60 Seconds, Developments | 0 comments

It was unfortunate, but unsurprising, to see that in a recent Gallup poll, a plurality of those surveyed gave SNFs either a D or an F grade on overall quality of care. We say unsurprising not because we agree with that for the majority of facilities, although there... Read More »

Lument Refinances SanStone Senior Care Portfolio

by Ben Swett | Sep 19, 2023 2:58 pm | Financings | 0 comments

Lument closed several financings for SanStone Health & Rehabilitation, which operates 18 skilled nursing/rehab facilities across North Carolina. The debt was secured on three properties that SanStone had acquired in 2020, thanks to bridge financing also arranged... Read More »

Two HUD Loans and a Bridge Financing from Berkadia

by Ben Swett | Sep 19, 2023 2:54 pm | Financings | 0 comments

A couple of five-star skilled nursing facilities in western states refinanced through HUD with the help of Berkadia Seniors Housing & Healthcare. First, Jay Healy closed an $8.3 million loan to refinance an existing Berkadia/Live Oak Bank bridge loan secured by a... Read More »

HTG Sells SNF in Texas

by Ben Swett | Sep 19, 2023 2:51 pm | Acquisitions | 0 comments

Mark Davis of Healthcare Transactions Group handled the sale of a skilled nursing facility in Abilene, Texas. Built in 1962, the facility has 96 beds and 23,500 square feet in one story. It maintained a three-star rating with CMS, and the facility participates in... Read More »

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