VIUM’s New H1 Record
VIUM Capital completed the first half of 2025 with an impressive $780 million in transaction par value. That volume was closed across 32 transactions, 51 separate properties and 14 states, comprising both bridge and permanent debt. It represents the strongest first half of the year in the company’s history. Part of that activity was more than $360 million in par value for 18 HUD/GNMA loans. And they have over $800 million of additional HUD volume already submitted. VIUM had finished HUD’s fiscal year 2024 as the second ranked HUD healthcare lender, both in total volume ($450 million) and number of transactions closed (37). But year-to-date 2025 saw VIUM’s HUD/GNMA servicing portfolio... Read More »
Macquarie Asset Management Launches Health Wave Partners
Macquarie Asset Management, which has over 35 years of experience in the real estate sector and a current network of 15 specialist operator investments globally, announced the launch of Health Wave Partners, a seniors housing platform aimed at targeting investments in modern seniors housing assets alongside established operators. The platform will focus on investing in what it views to be compelling, high-quality properties and will partner with experienced operators in regions with strong demographic and economic fundamentals. Health Wave Partners will aim to capitalize on the strength of Macquarie’s extensive experience and demonstrated track record of growing and institutionalizing... Read More »
Wisconsin IL/AL/MC Development Secures C-PACE Financing
Nuveen Green Capital partnered with repeat sponsor, North Town Partners, to provide $10.6 million in C-PACE financing as part of the $55 million project cost for a planned seniors housing community in Sheboygan, Wisconsin. C-PACE will be utilized to fund key energy and water efficiency measures. By leveraging C-PACE’s accretive capital, North Town Partners was able to fill a gap in its capital stack, lowering its overall project costs. The project is being jointly developed by DMK Development Group, North Town Partners and Charter Senior Living. Charter Senior Living Sheboygan will comprise 182 independent living, assisted living and memory care units. The community will stand three... Read More »
Bloom Exits South Carolina’s Seniors Housing Market
Kandu Capital, LLC, and its operating company, Bloom Senior Living, collectively known as Bloom, sold its final seniors housing community in South Carolina. The company is seeking realignment as it exits the state after a decade-long presence in the region. The 129-unit independent living and memory care community, which is in Bluffton, sold for $13.5 million on an initial investment of approximately $3 million. Occupancy was around 63% at the time of acquisition, but performance improved between LOI and closing, with monthly revenues increasing from between $250,000 and $260,000 to over $300,000 (or over $3.6 million annualized). NOI also trended up, from roughly breakeven to around... Read More »
Tremper Capital Group Announces Two Refinances
Tremper Capital Group announced a couple of refinances at the end of the second quarter for seniors housing clients. The first was arranged on behalf of Kisco Senior Living for its 333-unit entrance-fee CCRC in Palm Beach Gardens, Florida. Built in 2004, the campus was acquired by Kisco as part of a larger CCRC deal in 2013, and since then it expanded with a 54-unit independent living building in 2018. It was well occupied, around 94%, and operated at a healthy margin. The campus was also looking to add more rental contracts for its units, which should help improve its profitability. TCG arranged a $45 million loan from BMO to refinance the property, growing the relationship between... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
