by Steve Monroe | Dec 7, 2018 7:00 am | Financings
The not-for-profit senior care operator, Alliance Health & Human Services, secured both a permanent refinance of its 101-bed skilled nursing facility in Braintree, Massachusetts, and a more stable financial future to further its mission there. The $14.2 million... Read More »
by Steve Monroe | Dec 6, 2018 4:05 pm | Financings
SunTrust Bank’s ears must have been burning, because on the day of our webinar, Bridge Loans: The Hottest Lending Product for Seniors Housing and Care (which you can still listen to here), the bank originated a $31 million bridge loan for an independent living... Read More »
by Steve Monroe | Dec 5, 2018 7:02 am | 60 Seconds, Opinion
Bridge loans are becoming increasingly important for acquisitions and renovations projects. Find out the details on this important webinar. If you are in the market for acquisitions, especially value-add acquisitions, or you want to do some major renovations on your... Read More »
by Steve Monroe | Dec 5, 2018 7:01 am | Financings
Seniors housing and care M&A may be slowing towards the end of 2018, but the lenders are still closing plenty of transactions. One of them, Housing & Healthcare Finance (HHC Finance), closed two HUD loans totaling $31 million for a couple of East Coast skilled... Read More »
by Steve Monroe | Dec 5, 2018 7:00 am | Financings
Grant Goodman, Casey Moore and Doug Harper of Lancaster Pollard helped structure a life insurance refinance of two memory care communities owned by Agemark Corporation. Both located in Nebraska and totaling 75 units, the properties were encumbered with traditional... Read More »