About Ben Swett

Articles Written by Ben Swett

HJ Sims finances a good start

by | Jan 28, 2016 4:34 am | Developments, Financings

A project already with a few false starts recently received bond financing to fund pre-development costs for a new 182-unit CCRC in Greenville, North Carolina. Back in 2005, not-for-profit developer Retirement Living Associates (RLA) began marketing its impending... Read More »

Genesis HealthCare Plunges

by | Jan 27, 2016 8:32 am | 60 Seconds, Opinion

After falling by 60% in 2015, Genesis shares plunge on revised revenue and earnings forecasts. Talk about a disaster. Just when we thought all senior care stocks had bottomed out, Genesis HealthCare wasn’t done. All the others are now well above their recent lows, but... Read More »
Blue Moon teams with LCS

Blue Moon teams with LCS

by | Jan 27, 2016 8:31 am | Developments, Financings

After announcing two large development projects funded by Hawkeye Partners’s Scout Fund II last year, Boston-based Blue Moon Capital Partners will go to the well once more to build another large senior living community, this time in Katy, Texas. The project, which... Read More »
Knapp hits a double

Knapp hits a double

by | Jan 27, 2016 8:30 am | Acquisitions

Jim Knapp of Marcus & Millichap has been busy in the state of Michigan lately, closing two transactions in the last few weeks, totaling over $12 million. Starting in the town of Flushing (located just upriver from Flint), Mr. Knapp sold a 52-unit assisted living... Read More »

Bridge to success

by | Jan 26, 2016 9:20 pm | Acquisitions, Financings

Capital Funding Group closed three bridge-to-HUD loans for three turnaround opportunities totaling over $25 million, all of which helped finance acquisitions. First, Gary Sever originated a $10.8 million loan, provided by Capital Lending and Mortgage Group, to... Read More »