About Ben Swett
Articles Written by Ben Swett
Tremper Capital Group Takes Out Two Construction Loans
The closings from Tremper Capital Group kept on coming, with a couple more refinances of construction loans on seniors housing properties. The first was closed for a 124-unit assisted living/memory care community on the Florida panhandle. Built in 2021, the community... Read More »
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 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 »
60 Seconds with Swett: May M&A Activity Slumps
Earlier this year, M&A activity was continuing at a record pace after 2024 finished with 714 deals for the year, an annual record by far. February, March and April all exceeded 60 transactions each, peaking in March with 69 deals and average 780 annualized deals... Read More »Schedule a demo
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