VIUM Capital Announces Slew of HUD Closings
VIUM Capital closed four HUD 232/223(f) financings in March totaling more than $63 million across a mix of skilled nursing and seniors housing communities. Two of the financings involved skilled nursing facilities in Oklahoma totaling 176 beds. The assets were originally acquired as part of a larger portfolio and refinanced following a bridge-to-HUD strategy. Each loan was structured with a 35-year term, providing long-term stability and improved debt service following the initial acquisition phase. VIUM also closed a $16.3 million HUD loan on a recently developed assisted living/memory care community in Michigan that has already achieved stabilization. The loan refinanced an earlier VIUM... Read More »Lument Secures HUD Express Lane Transaction
Lument closed a refinance through HUD’s Express Lane for a 120-unit seniors housing community in Lincoln, Nebraska. Built in 2017, Pemberly Place Senior Living features 132 licensed beds and offers independent living, assisted living and memory care services. It also has an on-site medical clinic to offer a range of other healthcare services. The community is locally owned and operated, and it has a partnership with MJ Senior Living, a Nebraska-based management company. In order for the owner to pay off existing bank debt from a construction loan originated by Lument several years ago, the firm secured a firm commitment from FHA on a $21.2 million loan just seven days after application... Read More »
Senior Care Portfolio Secures HUD Financing
A senior care portfolio secured $64.96 million in HUD financing for the refinance of three properties in Pennsylvania. Greystone provided the financing, with the deal originated by Christopher Clare and additional team members including David Young, Ben Rubin, Ryan C. Harkins, Parker Nielsen and Liam Gallagher assisting on the transaction. The portfolio comprises 408 skilled nursing beds, 88 assisted living and memory care beds and 10 independent living units across multiple Pennsylvania facilities delivering a full continuum of care. The portfolio is operated by an experienced regional healthcare group with a track record of improving facility performance, contributing to strengthened... Read More »
Seniors Housing Communities Sell in Southwest Florida
Berkadia has announced a couple of closings in southwest Florida. First, Brooks Minford headed to the Tampa, Florida area to sell a 138-unit assisted living/memory care community on behalf of a local developer that was looking to exit the seniors housing business. They had built Tessera of Brandon in 2017 to feature a mix of 98 assisted living and 40 memory care units. And it was operated by a third-party operator under a net lease, which was terminated upon the sale closing. An Orlando-based owner/operator emerged from an active bidding environment to purchase the community, with plans to add value through census improvement and physical enhancements. Berkadia’s Ross Sanders, Dave... Read More »
California SNFs Secure HUD Financing
Just a year after funding the acquisition and refinance of two skilled nursing facilities in California, Greystone returned to take the facilities to HUD. Totaling 219 beds, the facilities are located in Menlo Park and Los Banos. Kalesta Healthcare Group acquired them in 2025 and 2021, respectively, and sought a combined refinance in 2025. Grant Goodman of G Capital served as Kalesta’s capital advisor and brought the opportunity to Greystone as part of a competitive debt market process. In March 2025, Greystone provided a $40.5 million bridge loan with an interest-only term, no recourse and a 24-month term with two six-month extension options. The facilities had recently stabilized,... Read More »Schedule a demo
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