Dwight Capital Buys HUD Mortgage Servicing Rights Portfolio
Dwight Capital acquired Midland States Bank’s seniors housing HUD mortgage servicing rights portfolio, which includes loans secured by skilled nursing facilities, assisted living communities and hospitals. The portfolio totals over $500 million in unpaid principal balance from 69 loans across 22 states. Now, following the acquisition, the loan servicing portfolio of Dwight Capital and its affiliates will exceed $15 billion. Dwight has strategically focused on expanding its servicing footprint and strengthening long-term relationships as both a principal lender and servicer, and a third-party servicer. The transaction also underscores Dwight’s commitment to continued growth within the... Read More »
Acquisition Financing Secured for Skilled Nursing Portfolio
Capital Funding Group closed a bridge financing for the acquisition of four skilled nursing facilities, featuring a total of 487 beds, across Colorado, Alabama and Arizona. The portfolio sold for $51.2 million, or $105,100 per bed, to an operator looking to expand its portfolio. CFG intends to bring the loan to HUD for a permanent refinance. CFG Managing Director and Co-Head of Healthcare Business Development Andrew Jones and Senior Associate Ava Julio originated the transaction for the company. Read More »
Town Lane and Arcole Acquire Their Fifth Community
Town Lane and Arcole made the fifth seniors housing investment in their inaugural $1.25 billion real estate fund. Town Lane is a real estate investment firm, and Arcole is a recently launched seniors housing platform that partners with operators to acquire newer-vintage, full-continuum communities in high-growth markets. The joint venture will bring Solera Senior Living on to manage the newly acquired property. Built in 2016 by Senior Lifestyle Corporation, The Sheridan at Green Oaks comprises 78 independent living, 64 assisted living and 56 memory care units with more than 220,000 square feet on 17 acres. The community sits in Lake Bluff, Illinois, in close proximity to golf and... Read More »
LTC Properties Buys into SHOP Growth
LTC Properties released its 2025 fourth quarter results and 2026 guidance, and in it reiterated its shift toward its newly established SHOP segment. During the second quarter of the year, the company established the segment, marking its shift in focus from the skilled nursing sector. Later in Q2, it terminated its Anthem Memory Care triple-net master lease, converting the 12 communities covered under it into its SHOP segment. In the fourth quarter, the REIT terminated a master lease and converted the two assisted living communities with 186 units into its SHOP segment. Those two assets now operate and account for one. Also in 2025, the company acquired 11 communities for $353 million,... Read More »
