by Ben Swett | Mar 4, 2025 4:37 pm | Acquisitions, Financings
Oxford Finance closed a $256.85 million senior credit facility for a client in California. Proceeds were primarily used to refinance four skilled nursing facilities featuring 356 total beds and acquire thirteen skilled nursing facilities with 1,451 total beds across... Read More »
by Ben Swett | Mar 3, 2025 8:27 am | Acquisitions
In the largest seniors housing transaction recorded since 2021, Welltower is purchasing a portfolio of 38 high-end seniors housing communities and nine entitled development parcels in Canada for aggregate consideration of C$4.6 billion, or US$ $3.185 billion. The... Read More »
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 »