by Steve Monroe | Feb 21, 2019 3:45 pm | Financings
The team at Housing & Healthcare Finance (HHC Finance) announced a series of six HUD closings totaling about $81 million on behalf of Cascade Capital Group and its operating affiliate Legacy Healthcare. An owner/operator of more than 135 skilled nursing facilities... Read More »
by Steve Monroe | Feb 20, 2019 7:02 am | 60 Seconds, Opinion
Empowering your Executive Directors may be the way to go. I finally found out the secret sauce for success in the senior care market, at least for The Ensign Group. It is called empowerment. Simplistically, the home office does not interfere with the operations at... Read More »
by Steve Monroe | Feb 20, 2019 7:01 am | Acquisitions, Financings
Over five years on from its acquisition of a 217-unit independent/assisted living community in Tucson, Arizona, MBK Senior Living is exiting the asset with the help of Matthew Whitlock of CBRE. Originally built in 1991, the property underwent a series of... Read More »
by Steve Monroe | Feb 20, 2019 7:00 am | Acquisitions, Financings
Contemporary Healthcare Capital worked with skilled nursing owner The Portopiccolo Group to secure mezzanine financing for its latest SNF acquisition. The targeted facility is located in Roanoke, Virginia and features 130 beds, including a 24-bed accredited ventilator... Read More »
by Steve Monroe | Feb 19, 2019 5:36 pm | Financings
After only being in operation since March, X-Caliber Capital’s bridge lending group had an impressive 2018, closing $250 million in healthcare and seniors housing financings. Those transactions included everything from acquisition financings and recapitalizations to... Read More »