Bank Closes Refinance and Acquisition Financing

Bank Closes Refinance and Acquisition Financing

Coastal States Bank announced that it recently closed $9 million in financing to refinance a 60-unit purpose-built memory care community near Centerville, Ohio, and to acquire a 53-unit memory care community in Creve Coeur, Missouri. Following the closing, the sponsor’s affiliated management company, Kauhale Healthcare Management, began managing the community in Creve Coeur and will continue managing the Centerville community, which it acquired in October 2024.  The loan, which closed in coordination with a preferred equity investment from Kauhale Healthcare Real Estate and Locust Point Capital, was structured with a four-year term with interest-only payments for the first 12 months.... Read More »
Capital Funding Group’s 2025 Financing Volume

Capital Funding Group’s 2025 Financing Volume

Capital Funding Group executed more than $3.1 billion in financings in 2025, representing a 121% increase in financing volume compared to $1.4 billion closed in 2024. Of the total, $2.2 billion was healthcare-related. The annual total comprises 175 deals, including 54 healthcare and multifamily bridge loans and other lending products, 28 HUD loans, 25 accounts receivable lines of credit and 68 commercial loans. Notably, CFG executed more than $1 billion, or more than 32%, of its annual loan volume in the fourth quarter alone. Details of several notable transactions involving skilled nursing facilities include:  $253.2 million bridge loan for the refinancing of seven skilled nursing... Read More »
Class-A Portfolio Secures Refinance

Class-A Portfolio Secures Refinance

Tremper Capital Group recently secured a large portfolio refinance on behalf of Spectrum Retirement Communities. Known as “Project Horns,” the portfolio consists of Class-A seniors housing communities in Midwest and Southwest markets. The communities provide a full continuum of care and benefit from strong historical operating performance in desirable submarket locations. Tremper Capital Group sourced a $150 million senior loan from a regional bank, retiring separate bank and lifeco loans in the process. Read More »
Dwight Capital Announces Q4 Activity

Dwight Capital Announces Q4 Activity

Dwight Capital, its affiliate REIT, Dwight Mortgage Trust (DMT), and Dwight Healthcare Funding (DHF) closed a combined $465 million in skilled nursing financings in the fourth quarter of 2025. The transactions spanned 12 states and included a mix of HUD, bridge, and revolving line-of-credit financings. One notable closing was a $120 million bridge loan provided by DMT to finance five skilled nursing facilities in Florida comprising 795 beds. In the transaction, two facilities were refinanced, and three were acquired. To further support the facilities’ operations, DHF provided a $20 million working capital line of credit in conjunction with the bridge financing. Adam Offman originated the... Read More »
Incumbent Operator Secures Two Acquisition Financings

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’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 »