by Ben Swett | Feb 27, 2025 3:29 pm | Acquisitions, Financings
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, provided a $54.6 million bridge loan to finance the acquisition of a six-facility skilled nursing portfolio in Pennsylvania. Comprising 925 beds, the portfolio includes Hampton House in Wilkes Barre,... Read More »
by Ben Swett | Feb 25, 2025 2:51 pm | 60 Seconds, Opinion
DOGE, or the Department of Government Efficiency, has been making the biggest splash in Washington, D.C. these days in terms of attention-grabbing headlines, and it appears it will try to target waste, fraud and abuse in Medicare and Medicaid spending as part of its... Read More »
by Ben Swett | Feb 21, 2025 3:47 pm | Acquisitions
Focus Healthcare Partners’ purchase of a struggling CCRC on Long Island has gone through the ringer, but Chief Judge Alan S. Trust of the US Bankruptcy Court for the Eastern District of New York just approved the sale under modified terms, which should close within... Read More »
by Ben Swett | Feb 20, 2025 3:12 pm | Acquisitions
Blake Bozett and Spud Batt of The Zett Group shot out of the gates in 2025, closing three separate transactions in the Pacific Northwest so far this year. The largest was for an 88-unit seniors housing community in central Washington which closed this week. Owned by a... Read More »
by Ben Swett | Feb 18, 2025 3:31 pm | Acquisitions
Senior Living Investment Brokerage announced a couple of closings involving older assisted living communities. First, Daniel Geraghty, Bradley Clousing and Dave Balow represented a Northeast-based owner that was looking to recycle capital and focus on its core assets.... Read More »