• Sabra’s Q4 Deals Push 2025 New Investments to $450 Million

    Sabra Health Care REIT released its fourth quarter results. On a year-over-year basis, same-store cash NOI increased 12.6% for the fourth quarter of 2025, while the 2025 quarterly year-over-year average increase was 15.0%, inclusive of the stabilized facilities formerly operated by Holiday Retirement.  Its Q4 acquisitions brought the... Read More »
  • CareTrust Closes 2025 with 169 New Property Investments

    CareTrust REIT came out with its fourth quarter and full-year 2025 earnings and is continuing on its growth trajectory. In Q4, the REIT added 19 properties to its portfolio, comprising 14 triple-net leased skilled nursing facilities, two triple-net leased seniors housing communities and three SHOP communities, all totaling $561.5 million in... Read More »
  • Separate Sellers Divest in Florida

    Berkadia announced two seniors housing closings, both involving communities in the Sunshine State. First, Berkadia represented a Maryland-based private equity investment firm in its divestment of a 130-unit independent living, assisted living and memory care community in the Jacksonville, Florida MSA. The asset was built in 2015. Ross Sanders,... Read More »
  • Idaho IL/AL Community Receives HUD Financing

    Berkadia secured $27.5 million in financing for a seniors housing community in Idaho. The asset comprises 191 independent living and assisted living units, and was 97% occupied at the time of closing. Bianca Andujo and Steve Muth closed the financing through HUD’s 232/223(f) program for a first-time Berkadia client based in Tennessee. The loan... Read More »
  • Welltower Releases Strong Results, Again

    Welltower announced its fourth quarter and full-year 2025 results, which reflected a strong year, as anticipated. Investors seemed to agree, with shares rising to an intraday high of 5.9% above the prior close the day following the release, before finishing up 3.5%.  In the fourth quarter, the REIT saw 400 basis points of average occupancy... Read More »
Greystone Provides Bridge Loan for Affordable Seniors Community

Greystone Provides Bridge Loan for Affordable Seniors Community

Greystone provided a $40 million bridge loan to acquire and rehab a seniors housing community in The Bronx, New York. The financing was originated by Senior Managing Director Eric Rosenstock and Executive Vice President Jeff Englund on behalf of a joint venture between Scott Jaffee of Metropolitan Realty Group and Leo Friedman of Citadel Care Centers. Built in 1969, Kittay House comprises 295 affordable seniors units with social, recreational, and educational programs on-site as well as meals, housekeeping and easy access to healthcare and supportive services. Greystone’s interest-only non-recourse bridge loan carries a 24-month term with two six-month extension options. Read More »
Lument Finalizes Freddie Mac Construction Loan

Lument Finalizes Freddie Mac Construction Loan

Lument announced the closing of a $33.6 million Freddie Mac loan to facilitate the construction of The Culbreath, a 364-unit affordable seniors housing community in Dallas, on behalf of DHA Housing Solutions of North Texas (DHA) and Volunteers of American National Services (VOANS). To finance the new construction project, which has a total cost of $96.7 million, Lument Securities provided bond underwriting services for $45.6 million in tax-exempt cash collateralized bonds while Lument Real Estate Capital structured the $33.6 million Freddie Mac tax-exempt loan to serve as permanent financing. Senior Managing Director Tracy Peters and Director Dale Giffey led the transaction for Lument.... Read More »
Ziegler Closes Tax-Exempt Bond Issue for Florida Not-For-Profit Corporation

Ziegler Closes Tax-Exempt Bond Issue for Florida Not-For-Profit Corporation

Ziegler announced the successful closing of a $25 million tax-exempt bond issue for Orlando Senior Health Network. The Series 2025 bonds were issued through the Florida Local Government Finance Commission. This marks the third transaction Ziegler has completed for OSHN over the past decade. Orlando Lutheran Towers, Inc., doing business as Orlando Senior Health Network, is a Florida not-for-profit corporation that owns and operates a Type-B CCRC, Orlando Lutheran Towers. Built in 1980, the community features 184 independent living units in one building (the Fountains), 81 assisted living units in another building (Windsor Place), and 168 skilled nursing beds on 4.5 acres in downtown... Read More »
Ziegler Closes Bonds for Bayview’s CCRC Renovations

Ziegler Closes Bonds for Bayview’s CCRC Renovations

Ziegler announced the closing of the Bayview $16.51 million Series 2025 bonds through the Washington State Housing Finance Commission. Bayview is a Washington not-for-profit corporation and 501(c)(3) organization that owns and operates a CCRC comprising 133 independent living, 34 assisted living and 10 memory care units. Bayview also operates an intergenerational childcare center on the campus for up to 42 children. The bonds consist of long-term tax-exempt, short-term tax-exempt (TEMPSSM), and short-term taxable (TMPSSM) fixed interest rate bonds issued on parity with the Series 2016A & 2024 bonds. The bonds were structured with a 35-year final maturity (July 1, 2060). Principal... Read More »
VIUM’s New H1 Record

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 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 »