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 | Dec 13, 2024 1:04 pm | Financings
CIBC Bank USA provided a $15 million working capital revolving line of credit for a portfolio of skilled nursing facilities in Maryland. Historical performance trended positively over the last year, as the facilities improved census and operating leverage. Going... Read More »
by Ben Swett | Dec 13, 2024 1:03 pm | Financings
MONTICELLOAM, LLC, a specialized multifamily and seniors housing bridge lending platform, closed an $87.15 million bridge loan for 39 residential assisted living communities in Fresno, California. Expanding their relationship with MonticelloAM, the borrower plans to... Read More »
by Ben Swett | Dec 13, 2024 8:35 am | Acquisitions
As part of its corporate Chapter 11 bankruptcy restructuring, Petersen Health Care has now sold 76 senior care properties in Illinois, Missouri and Iowa. Originally, Cascade Capital Partners was stalking horse bidder for the majority of Petersen’s 90+ properties, when... Read More »
by Ben Swett | Dec 12, 2024 3:35 pm | Acquisitions
Orchards of Minnetonka, a high-end seniors housing community located outside of Minneapolis, Minnesota, found a new owner thanks to the team at Newmark. Built in 2019, the community features 147 units of independent living, assisted living and memory care. It was very... Read More »
by Ben Swett | Dec 12, 2024 3:34 pm | Acquisitions
A small skilled nursing facility in Minnesota found a new owner thanks to the team at Evans Senior Investments. Built more than 60 years ago, Rochester West Health Services has 48 beds and was previously owned by an institutional group, GPH Rochester LLC, an affiliate... Read More »