Financings Archives - Page 15 of 308 - The SeniorCare Investor Dealmakers Forum, Senior Housing M&A

Ziegler Handles Unique Operator Transition

by Ben Swett | Sep 10, 2025 12:36 am | Acquisitions
A high-end seniors housing community that caters to the Japanese-American population in the San Francisco, California, area completed a delicate operational transfer, with the help of Ziegler. Kokoro Assisted Living is located in the heart of San Francisco’s historic Japantown and is known for providing culturally sensitive care and an... Read More »
Brookdale’s Occupancy Keeps Improving

by Steve Monroe | Sep 10, 2025 12:32 am | Uncategorized
It is a shame that Brookdale Senior Living did not do two years ago what it has been doing for the past nine months or so. Weighted average occupancy in August 2025 was 81.8%, up 70 basis points sequentially. This was the seventh month in a row the company posted an increase. Month-end occupancy in August was 83.2%, up 60 basis points... Read More »
Blueprint Closes Two Texas Portfolio Transactions

by Steph Mallozzi | Sep 9, 2025 2:09 pm | Acquisitions
During the NIC Fall conference in Austin, Blueprint announced a couple of portfolio transactions in Texas. First, Amy Sitzman and Giancarlo Riso facilitated the sale of five skilled nursing facilities located throughout the Texas Hill Country and Houston. All five facilities are within four hours of each other, offering scale and operational... Read More »
SLIB Handles Minnesota Receivership Sale

by Ben Swett | Sep 9, 2025 2:08 pm | Acquisitions
A senior care campus in Pine Island, Minnesota, with some operational issues in the past has found a new owner thanks to Jake Anderson, Dan Geraghty and Ryan Saul of Senior Living Investment Brokerage. Set on 6.8 acres, the campus includes Pine Haven with 70 skilled nursing beds and Evergreen featuring 24 assisted living units. Pine Haven was... Read More »
PACS CFO Resigns

by Ben Swett | Sep 9, 2025 2:07 pm | Uncategorized
PACS Group saw another potential setback to its public image, announcing that its CFO Derick Apt resigned on September 2 after it was determined that he had accepted a series of high-value items from individuals associated with a group of related entities with which PACS does business. The company was in the middle of its previously disclosed... Read More »

Tremper Capital Group Secures Multiple Financings

by Ben Swett | Jun 12, 2025 2:27 pm | Financings

Tremper Capital Group has hit a rich vein of activity, with four closings since the start of May and several more planned in June. The firm kicked things off with an agency refinance closed for a 133-unit seniors housing community in the Pacific Northwest. Opened in 2022, the community featured independent living, assisted living and memory care services and was a strong performer, with nearly 100% occupancy. The operator, Merrill Gardens, has clearly done a great job at the location. The borrower wished to take out the original construction debt and had received quotes from life insurance companies and banks. But Freddie Mac offered the best combination of terms and provided a $42.9... Read More »

Canyon Partners Provides Refinance

by Ben Swett | Jun 12, 2025 2:24 pm | Financings

Canyon Partners Real Estate provided a $47 million senior loan to refinance American House Oak Park, a 174-unit seniors housing community in Chicago. Affiliates of AEW Capital Management and REDICO were the joint venture borrowers. Newmark arranged the financing. Located in the Oak Park neighborhood, the property comprises 74 independent living, 65 assisted living and 35 memory care units. Amenities at the community include a rooftop lounge, roof terraces, a fitness center, salon, game room, art studio and theater. Read More »

CIBC Bank Funds Illinois Acquisition

by Ben Swett | Jun 12, 2025 2:21 pm | Financings

CIBC Bank USA provided a $3.4 million loan for the acquisition and capital improvements of an assisted living community in Illinois, along with a $1 million working capital revolving line of credit. The seller is exiting the industry, and the borrower sees significant room for improvement upon completion of renovations and adjustments to the resident mix, which will help grow occupancy and operating margins. Read More »

Lument Announces Latest Activity

by Ben Swett | Jun 12, 2025 2:19 pm | Financings

Lument closed a $60 million Freddie Mac loan to refinance Park Terrace, a 180-unit assisted living/memory care community in Rancho Santa Margarita, California. Kisco Senior Living owns and operates the property, which was built in 2000 with extension renovations and additions from 2023 to 2025. Lument’s Chris Cain, managing director based in Dallas, led the transaction. The Freddie Mac loan has a fixed interest rate, 10-year term with seven years interest only, 30-year amortization, and allows for cash-out proceeds. It refinanced an existing agency loan. The firm followed that with a $26.8 million HUD loan for a three-site, non-contiguous, 203-unit affordable senior apartment community in... Read More »

Wisconsin Communities Secure Bridge Financing

by Steph Mallozzi | Jun 12, 2025 2:17 pm | Financings

MonticelloAM, along with a firm affiliate, closed $28 million in bridge financing for two seniors housing properties in Wisconsin. Karina Davydov originated the transaction through the firm’s bridge lending platform. The floating-rate senior bridge loan has a 24-month initial term with two extension options. The sponsor is an experienced Midwest operator and repeat client of MonticelloAM that plans to use the loan proceeds to refinance the existing debt on two assisted living communities near Madison and Milwaukee, comprising 170 beds. Read More »