VIUM Capital Secures Slew of HUD and Bridge Financings
VIUM Capital recently closed a series of healthcare and seniors housing real estate financings across multiple states, spanning both HUD-insured loans and bridge executions for skilled nursing, assisted living and memory care assets. The largest loan was a $56.4 million HUD financing for a 325-bed skilled nursing facility in Florida. The facility was approximately 93% occupied and had existing acquisition and capital improvement debt. With the refinance, ownership also wished to fund additional renovations aimed at enhancing resident areas and increasing Medicare mix. Then in Colorado, VIUM closed a $51.0 million HUD loan across a five-facility skilled nursing portfolio totaling 311 beds.... Read More »
Several Senior Care Finances Close
Jeremy Warren of Montgomery Intermediary Group reported an active end of winter, closing a handful of debt transactions for clients in Illinois and Kentucky. First, he helped the owner of a 77-bed skilled nursing facility in Kentucky refinance existing acquisition debt following a successful operational turnaround. Since acquiring the facility with a $6.3 million loan just 18 months prior in 2024, ownership has controlled expenses and benefitted from Kentucky’s boosted Medicaid rates. The building also holds a five-star rating from CMS. The borrower was able to obtain a $17 million bridge-to-HUD loan from a bank, nearly triple the debt amount from 2024. Next, Warren arranged a $12.3... Read More »
Bridge-to-HUD Takeout Refinances Two Communities
An undisclosed borrower secured a $46 million bridge-to-HUD refinance for two seniors housing communities in Ohio with the help of Greystone. Christopher Clare originated the financing with assistance from David Young, Ben Rubin, Ryan C. Harkins, Parker Nielsen and Liam Gallagher. The two communities feature a total of 186 skilled nursing beds in 118 units and 10 independent living, 232 assisted living and 16 memory care units with 317 AL/MC beds. Read More »
Not-for-Profit Closes First Public Bond Issue in 20+ Years
Ziegler announced the closing of a $30.0 million tax-exempt fixed rate bond issue for Butterfield Trail Village, Inc. (BTV). The Series 2026 bonds were issued through The Fayetteville Public Facilities Board. BTV is a not-for-profit corporation founded by five local churches in 1981 to own and operate a continuing care retirement community on 48-acres in Fayetteville, Arkansas. BTV currently consists of 280 independent living units, 12 assisted living units and 78 skilled nursing units. The proceeds of the Series 2026 bonds will be used, together with other available funds, to finance and refinance construction of a new assisted living community with 38 units, conversion of the existing... Read More »
GEM Realty Closes an Acquisition in South Carolina
The Caliborne at Brickyard Crossing, a Class-A seniors housing community in South Carolina, traded hands with the help of acquisition financing secured by BWE. Taylor Mokris and Ryan Stoll of BWE served as exclusive financial advisor to the buyer, GEM Realty Capital, running a competitive process that sourced numerous quotes. Financing was arranged through a national bank with a dedicated seniors housing vertical. The full-continuum community is situated in Summerville (Charleston MSA) with 78 independent living, 44 assisted living and 20 memory care units. CR Properties developed the asset, which opened in 2022 and achieved stabilization within 12 months, demonstrating strong operating... Read More »Schedule a demo
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