Incumbent Operator Secures Two Acquisition Financings
Jay Healy and Director Andrew Lanzaro of Berkadia utilized the company’s balance sheet to provide $39.7 million of bridge-to-HUD financing for a Fort Worth-based skilled nursing owner/operator. The intent is to close the two subsequent HUD 232/223(f) refinancings in the second half of 2026. The loans facilitated the acquisition of three Texas skilled nursing facilities that the sponsor previously operated under a triple-net lease. The sponsor acquired the leased-fee interests below fee simple value, supported by the equity created through successful operations and the recent Medicaid rate increases in Texas. The first transaction was a $31.4 million bridge loan for the acquisition of two... Read More »
MONTICELLOAM’s 2025 Activity
MONTICELLOAM reported its 2025 activity, completing 49 senior care and multifamily transactions totaling over $2.2 billion in bridge, mezzanine and working capital financing throughout the year. In one of the notable transactions, one of the largest financings the firm has ever completed, MONTICELLOAM funded $470.5 million in bridge and working capital for 16 skilled nursing facilities in Virginia. The sponsor owns/operates more than 200 SNFs across the country, and used the $455.5 million bridge financing to refinance existing debt on the Virginia assets. In addition, MONTICELLOAM arranged a $15.0 million working capital line of credit for the borrower to manage the daily operational... Read More »
CBRE’s Active 2025 and Q1:26 Projections
CBRE’s National Senior Housing team announced its 2025 activity, with $3.1 billion in total transaction volume. Debt originations and equity placements comprised $1.95 billion of that total, and were completed across 25 states. Meanwhile, the investment sales side closed $1.15 billion in deals, selling 27 properties across 14 states. The investment sales team is projecting around $1.79 billion in closings in the first quarter of 2026 alone, which would surpass last year’s full-year total by 55.7%. That is some real momentum. Read More »
CBRE’s Active 2025 and Q1:26 Projections
CBRE’s National Senior Housing team announced its 2025 activity, with $3.1 billion in total transaction volume. Debt originations and equity placements comprised $1.95 billion of that total, and were completed across 25 states. Meanwhile, the investment sales side closed $1.15 billion in deals, selling 27 properties across 14 states. The investment sales team is projecting around $1.79 billion in closings in the first quarter of 2026 alone, which would surpass last year’s full-year total by 55.7%. That is some real momentum. Read More »
Live Well Cottages Locks in Construction Financing
Ziegler, through its Senior Housing & Care Finance Practice, priced Live Well Senior Living Inc.’s $45.6 million Series 2026 bonds. Live Well Senior Living is a not-for-profit organization that provides affordable seniors housing options. Live Well Cottages at Vineland is a planned 130-unit independent living cottage community on a 25-acre site in Vineland, New Jersey. Rental rates will include two hours of weekly in-home care, with additional services available as needed. Construction is scheduled to begin February 2026, and the first units have a planned completion date of six months after construction commences. The units will initially be occupied with temporary certificates of... Read More »Schedule a demo
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