• Berkadia Announces Array of Closings

    by | May 15, 2026 11:41 am | Acquisitions

    Berkadia is riding a transaction hot streak, closing 19 property sales in the last 45 days. The activity included a portfolio featuring five assisted living/memory care communities across Utah, Wisconsin and Minnesota sold to Jaybird Capital, an affiliate of Jaybird Senior Living, through HUD assumptions. Jaybird assumed management of the... Read More »

  • Tremper Capital Group Closes Several Financings

    by | May 15, 2026 11:40 am | Acquisitions, Developments, Financings

    Tremper Capital Group showed off its variety with a series of financings closed for clients across the country. They included a construction loan, an acquisition loan, a bank refinance and a portfolio financing. First, the team closed non-recourse construction financing for an assisted living/memory care community in the Dallas-Fort Worth area.... Read More »

  • Upstate New York SNF Trades Between Not-for-Profits

    by | May 15, 2026 11:39 am | Acquisitions

    Joe Knapp of the Knapp-Stahler Group at Marcus & Millichap handled the sale of a skilled nursing facility in upstate New York. The Center For Nursing And Rehab in Hoosick Falls, New York, comprises 82 beds in a single-story building that sits on four acres. It was built in 1954, but renovated in 1979 and 1995.  Apparently, the facility... Read More »

  • Acquisition Financing Closed for Distressed California Community

    by | May 15, 2026 11:37 am | Acquisitions, Financings

    Private debt fund and direct commercial real estate lender Wilshire Finance Partners closed an $8.15 million first lien bridge loan for the acquisition and repositioning of a distressed seniors housing community in California. The financing included reserves specifically allocated for capital improvements and operational support during the... Read More »

  • Developer and Operator Secure Construction Financing

    by | May 15, 2026 11:36 am | Developments, Financings

    Another new development will soon be underway, with BLDG Real Estate and The Fellowship Family securing financing for a $100 million full-continuum community, Fellowship Wildlight. BLDG Real Estate is a real estate development firm that specializes in design, development and asset execution across multiple product types. The Fellowship Family is... Read More »
JCH Gets High Price for Orange County Asset

JCH Gets High Price for Orange County Asset

by | Oct 29, 2019 4:58 pm | Acquisitions

JCH Senior Housing Investment Brokerage announced a big sale of a senior living community in Southern California in what is the second-largest single-asset transaction of 2019 (by price), so far. Totaling 214 units of independent living, assisted living and memory care, the community is located in the high barrier to entry Orange County. Occupancy was a strong 94%, and the community reported a remarkable 53% operating margin. It was previously owned by a national owner/operator, which decided to sell based on the current cap rate environment. Given the drop in average cap rates for both the assisted living and independent living markets, that reasoning makes sense. After a confidential... Read More »
Alabama Owner Re-Enters Seniors Housing Market

Alabama Owner Re-Enters Seniors Housing Market

by | Oct 22, 2019 2:38 pm | Acquisitions

They just couldn’t get away for long. After exiting the seniors housing space earlier this year, an Alabama-based family owner/operator got back in the game with the purchase of an independent/assisted living community in the state. Brooks Blackmon of Blueprint Healthcare Real Estate Advisors facilitated both their exit (with help from Ben Firestone) and reentry. Mr. Blackmon closed the deal less than three months from the time Blueprint was engaged. The target was built as an assisted living community in 1997 but added independent living units in 1999. In addition, excess land intended for future development or another IL expansion was included in the sale. Given the general strength of... Read More »
Sino-Ocean Capital and Meridian Senior Living Acquire Two More Properties

Sino-Ocean Capital and Meridian Senior Living Acquire Two More Properties

by | Oct 22, 2019 2:33 pm | Acquisitions

A joint venture between Sino-Ocean Capital and Meridian Senior Living engaged Capital One to serve as administrative agent for a large multi-purpose financing package. The $108.9 million loan will be used to both finance the purchase of two seniors housing communities in Florida and refinance a previous Capital One loan that the JV used to acquire three communities in California. All five assets are cross-collateralized and cross-defaulted (which helps provide for competitive pricing and terms), plus the transaction was structured to allow other assets to be added to the existing portfolio in the future. The Florida acquisition involved a 106-unit community in Fort Lauderdale and a... Read More »
Capital Funding Finances New Jersey Acquisition

Capital Funding Finances New Jersey Acquisition

by | Oct 22, 2019 2:28 pm | Acquisitions, Financings

Capital Funding, LLC financed the acquisition of a skilled nursing facility in New Jersey, and they expect the transaction to come full circle with a HUD refinance in a few years. That business has been good to them, as Capital Funding is coming off 33 transactions and nearly $395 million in volume in HUD’s most recent fiscal year. Craig Casagrande originated the $13.8 million bridge loan. Featuring 126 beds, the facility is operated by Preferred Care. Read More »