About Ben Swett

Articles Written by Ben Swett

CIBC Bank Funds Illinois Acquisition

CIBC Bank Funds Illinois Acquisition

CIBC Bank USA provided a $3.4 million loan for the acquisition and capital improvements of an assisted living community in Illinois, along with a $1 million working capital revolving line of credit. The seller is exiting the industry, and the borrower sees significant... Read More »
Lument Closes Freddie Mac Loan

Lument Closes Freddie Mac Loan

Lument closed a $60 million Freddie Mac loan to refinance Park Terrace, a 180-unit assisted living/memory care community in Rancho Santa Margarita, California. Kisco Senior Living owns and operates the property, which was built in 2000 with extension renovations and... Read More »
The Zett Group Sells Idaho Portfolio

The Zett Group Sells Idaho Portfolio

A trio of small, well-performing assisted living communities in rural Idaho sold with the help of Blake Bozett and Spud Batt of The Zett Group. The pair represented a mom & pop who were looking to retire after nearly 25 years of operating. Terri and Carl Pendleton... Read More »