• Sabra Trims Forecast, Tempering a Solid Quarter

    by | Nov 6, 2025 3:27 pm | Acquisitions

    Sabra Health Care REIT, Inc. announced several acquisitions in its third quarter results. The REIT acquired six managed seniors housing properties for $217.5 million with an estimated initial cash yield of 7.8%, three of which were acquired through a consolidated joint venture in which Sabra has a 95% equity interest. The company also purchased... Read More »

  • CareTrust’s Flurry of Acquisitions

    by | Nov 6, 2025 3:26 pm | Acquisitions

    CareTrust REIT, Inc. closed a series of transactions totaling approximately $437 million in late October. In two separate deals, the REIT acquired 12 skilled nursing facilities and one skilled nursing campus located across the Southeast and Mid-Atlantic. The combined portfolio includes approximately 1,760 licensed skilled nursing beds and... Read More »

  • Ensign Adds to Its Utah and Alabama Footprint

    by | Nov 6, 2025 3:25 pm | Acquisitions

    The Ensign Group, Inc. kicked off November with a couple of new deals. The publicly traded company acquired the real estate and operations of the following seven Stonehedge skilled nursing facilities in Utah: Stonehenge of American Fork (90 beds in American Fork) Stonehenge of Cedar City (50 beds in Cedar City) Stonehenge of Ogden (52 beds in... Read More »

  • Joint Venture Makes Its First Acquisition

    by | Nov 6, 2025 3:24 pm | Acquisitions

    A joint venture between Capitol Seniors Housing and a global alternative asset manager with over $55 billion in assets under management worldwide acquired The Woods at Merrimack, a 140-unit seniors housing community in Methuen, Massachusetts. This is the first deal between CSH and the asset manager but marks the beginning of a long-term... Read More »

  • Michigan-Based Owner/Operator Buys Lansing Campus

    by | Nov 6, 2025 3:23 pm | Acquisitions

    A public REIT engaged Blueprint in the confidential divestiture of a 53-unit assisted living and memory care campus in Lansing, Michigan. The campus features two standalone buildings separately catering to assisted living residents and those requiring memory care. The well-maintained campus was originally built in 1997 and consisted of 19... Read More »
Not-For-Profit Acquires Land Contiguous to Its CCRC

Not-For-Profit Acquires Land Contiguous to Its CCRC

by | Oct 24, 2025 2:00 pm | Financings

Ziegler announced the closing of Series 2025 bonds for Shenandoah Valley Westminster-Canterbury. Tad Melton and the Mid-Atlantic Team led the transaction on behalf of the sponsor, which has partnered with Ziegler for 20 years. Shenandoah Valley Westminster-Canterbury (SVWC) is a Virginia not-for-profit organization that owns and operates a CCRC located in Winchester, Virginia. It was founded in 1982 and provides housing, health care, and other services on its 87-acre campus through the operation of 311 independent living units (257 apartments and 54 cottages), 48 assisted living units, 12 memory care units and 51 skilled nursing beds. Having recently completed a two-phase, 97-unit... Read More »
MidCap Financial and CBRE Originate Refinance

MidCap Financial and CBRE Originate Refinance

by | Oct 23, 2025 12:44 pm | Financings

MidCap Financial closed a $17.5 million first mortgage loan. The floating rate loan refinanced the existing indebtedness on a stabilized Class-A seniors housing community in the Boise, Idaho, market. The property in Meridian is owned by experienced real estate company Gold Stream Retirement Communities, and it is managed by Grace Management, which has a national presence. The asset offers a full continuum of care with 100 units as well as a full suite of modern amenities. MidCap Financial originated the transaction with Aron Will and Tim Root of CBRE. Read More »
Lender Provides Refinance Through HUD’s Express Lane

Lender Provides Refinance Through HUD’s Express Lane

by | Oct 23, 2025 12:41 pm | Financings

Another HUD Express Lane transaction has closed, with Cambridge Realty Capital providing a $4.3 million HUD 223(f) loan to refinance Elizabeth Care Center, a 36-bed skilled nursing facility in Elizabeth, West Virginia. Cambridge was able to facilitate the loan and receive its firm commitment just 18 days after submission. The borrower was not disclosed, but in January 2025, Coplin Health Systems announced that it sold Elizabeth Care Center to the in-place operator, Providence Health Group. Providence had operated the facility for the previous four years. Read More »
Regional Bank Provides Refinancing

Regional Bank Provides Refinancing

by | Oct 21, 2025 2:48 pm | Financings

Grace Hill Capital served as exclusive financial advisor and placement agent on a refinance for a seniors housing community in Fountain Inn, South Carolina. A regional operator/borrower received the $10.33 million five-year loan with a fixed rate and one year of interest only. It was structured as a delayed draw term facility at 70% loan-to-value, including a $2.2 million earnout supporting the community’s recent assisted living expansion. A regional bank provided the loan. Read More »
Walker & Dunlop Arranges Construction Funding

Walker & Dunlop Arranges Construction Funding

by | Oct 21, 2025 2:46 pm | Developments, Financings

Walker & Dunlop, Inc. arranged $40.52 million in debt and equity for the construction of The Highlands, a 137-unit affordable development for seniors in Hyattsville, Maryland. PJ McDevitt, managing director of W&D Affordable Debt, arranged the debt, and Macy Kisilinsky, senior managing director of W&D Affordable Equity, arranged the debt placement and equity syndication for the project. The terms were arranged on behalf of Community Housing Initiative, Inc., which is partnering with First Baptist Church of Highland Park (FBCHP) to build the affordable seniors housing project. The Highlands will be financed with an unfunded forward Freddie Mac TEL, including a taxable tail,... Read More »
Class-A Communities Secure Bridge Financing

Class-A Communities Secure Bridge Financing

by | Oct 21, 2025 2:45 pm | Financings

BWE arranged a $52 million bridge loan for a portfolio of Class-A independent living, assisted living and memory care communities located across the Atlanta, Georgia, and Philadelphia, Pennsylvania, metropolitan areas. Ryan Stoll, National Director of Seniors Housing and Care at BWE, and Taylor Mokris, Senior Vice President of Seniors Housing and Care, arranged the financing. The three-year loan features a strong floating rate, flexible prepayment structure and competitive terms. Read More »