by Steph Mallozzi | Jan 16, 2025 3:01 pm | Acquisitions, Financings
Forbright Bank’s Healthcare and HUD lending teams closed 2024 with strong deal activity. Last year the Healthcare and HUD lending teams provided more than $400 million in financing to organizations in more than 12 states. In one recent transaction, Forbright... Read More »
by Steph Mallozzi | Jan 16, 2025 2:52 pm | Financings
BMO’s Healthcare Real Estate Finance group acted as sole lender on a term loan refinancing of $30 million for The Solana East Cobb, a Class-A, 94-unit assisted living and memory care community in the Atlanta, Georgia MSA. The community has been operated by The Arbor... Read More »
by Steph Mallozzi | Jan 16, 2025 2:51 pm | Financings
Marathon Asset Management’s Commercial Real Estate platform originated a $154.5 million mortgage loan to a joint venture between Monarch Alternative Capital LP and REDICO to fund the refinance of The American House Florida Portfolio. Marathon’s Joseph Griffin... Read More »
by Steph Mallozzi | Jan 16, 2025 2:50 pm | Uncategorized
Pegasus Senior Living announced several leadership changes that it believes will position the organization for continued growth in 2025 and beyond. Industry veteran Chris Hollister, Pegasus Chair and CEO, will maintain his role with a refined focus on revenue growth... Read More »
by Steph Mallozzi | Jan 14, 2025 3:47 pm | Acquisitions, Financings
CIBC Bank USA provided a $67 million term loan to finance the acquisition of five skilled nursing facilities and the refinance of 21 skilled nursing and assisted living facilities located throughout Wisconsin. CIBC also provided an aggregate $21 million of working... Read More »