Dwight’s Q2:25 Financing Activity
Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, closed $650.7 million in seniors housing financings during the second quarter of 2025. The transactions featured a mix of bridge and HUD loans for assisted living communities and skilled nursing facilities across several states. In one of the significant transactions, DMT originated a $230 million bridge loan to facilitate the acquisition of a 19-asset skilled nursing/assisted living portfolio in Ohio. The deal was arranged by Adam Offman and Yossi Benish. DMT also provided an $80 million bridge acquisition loan for a five-asset SNF portfolio in Central Florida, along with a $12 million working capital line of credit to... Read More »
Texas AL/MC Development Receives Construction Financing and Equity Raise
The Newmark Seniors Housing Team handled a $180 million construction financing and equity raise for Nexus Development’s newest community, Vivante at Turtle Creek. Financing was secured through Beal Bank, and the equity was raised from private investors in multiple states, including Texas and California. The seniors housing community will feature 164 assisted living and 29 memory care units on a 1.37-acre plot in Dallas, Texas. The Class-A asset will stand 20 stories tall, and is slated for 2027 completion. The architect is HKS Inc. and the general contractor is ANDRES Construction Services. Read More »
New York SNF Portfolio Secures Bridge Loan
MONTICELLOAM funded a $217 million floating-rate senior bridge loan for a skilled nursing portfolio. The financing carries a 36-month term and supports the sponsor, a repeat client. The loan supports the acquisition and refinance of this portfolio, which comprises four facilities in New York. The sponsor is acquiring two of the assets and financing the other two, which are stabilized. Together, the four facilities comprise more than 1,000 beds. Read More »
Bond Issuance Finances Massachusetts CCRC Expansion
MassDevelopment, Massachusetts’ development finance agency and land bank, issued $134.85 million of tax-exempt bonds on behalf of Lasell Village Inc., a not-for-profit corporation that was formed to establish and operate Lasell Village, an educational CCRC. Lasell Village was the nation’s first seniors housing community to require each resident to commit to a goal-oriented program of education. Located immediately adjacent to the campus of Lasell University, it offers an intergenerational environment. Lasell Village Inc. will use a portion of proceeds to renovate and expand the CCRC. The corporation will fund the purchase of 1.37 acres of land currently owned by Lasell University, where... Read More »
