by Steve Monroe | Jul 17, 2019 7:01 am | Opinion
We disclosed last week that activist investor Land & Buildings (L&B) had nominated Jay Flaherty, former CEO of HCP, Inc., and Jonathan Litt (founder of L&B) for board election at the 2019 annual meeting of Brookdale Senior Living. L&B has just sent an... Read More »
by Steve Monroe | Jul 17, 2019 6:01 am | Developments, Financings
Senior living development is certainly not starved for capital, as another lender has entered the senior living development space. Commercial Real Estate Finance is currently involved in the retail, multifamily, single-family and hospitality markets, but it recently... Read More »
by Steve Monroe | Jul 17, 2019 6:00 am | Financings
Housing & Healthcare Finance (HHC Finance) has had a busy summer, closing three HUD refinances totaling $56 million, so far. All three loans were arranged for skilled nursing clients and featured interest rates substantially below 4%. Based on the... Read More »
by Steve Monroe | Jul 16, 2019 3:44 pm | Financings
An affordable senior apartment community in Oxnard, California just refinanced with the help of Marty Meagher and Gardiner Champlin of NorthMarq’s San Diego office. Consisting of 101 units, the community received a $7.6 million loan from Fannie Mae, with a... Read More »
by Steve Monroe | Jul 15, 2019 6:00 am | Acquisitions
Check out our recent senior care M&A deals. Long-Term Care AcquirerTargetPrice Strawberry Fields REIT LLCLandmark of Des Plaines$15 million ConAm GroupThe Lido$19.3 million Chicago Pacific FoundersThe Manor Village at ScottsdaleN/A Chicago Pacific... Read More »