• Cap Rates Continue Compression in JLL’s Investor Survey

    Ben Swett, Managing Editor of The SeniorCare Investor, sat down with Bryan Lockard, Executive Managing Director of JLL’s Value and Risk Advisory, to discuss the results of JLL’s recently published 2026 Seniors Housing & Care Investor Survey and Trends. They also covered some major topics heading into NIC in Nashville. Read More »
  • 60 Seconds with Swett: Burning Questions for NIC Attendees

    This time next week, we’ll be heading out of Nashville from the Spring NIC conference likely buoyed by the overwhelmingly positive mood we’re expecting from most of our industry friends. It’s hard not to be optimistic when occupancy and margins are increasing to healthy levels nationally, and show no signs of stopping, when liquidity is... Read More »
  • Janus Living’s IPO Results

    Janus Living has completed its initial public offering, raising $878 million after deducting the underwriting discount and estimated expenses payable by the company. The REIT sold 48.3 million shares of its Class A-1 common stock at $20 per share, including the full exercise of the underwriters’ 6.3 million-share option. It made its New York... Read More »
  • 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... 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... Read More »
Idaho IL/AL Community Receives HUD Financing

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 features a 35-year, fixed-rate term, and refinanced a bridge loan provided by Berkadia’s proprietary lending group and a bank partner. The bridge loan, which was outstanding for less than a year, provided financing for the subject community, plus an additional one that is expected to receive permanent HUD financing in... Read More »
T7 Capital Hits the Ground Running

T7 Capital Hits the Ground Running

Founded by industry veterans Ari Adlerstein and Josh Simpson in 2025, T7 Capital has hit the ground running, announcing more than $3 billion in closed transactions in their first year. And the team continued at that same pace into 2026, closing more than $200 million of transaction volume in January. T7 Capital, which advises clients on financing and investment decisions across seniors housing, healthcare real estate and operating platforms, had a variety of closings throughout the month, from investment sales to financings. Adlerstein and Simpson led the sale of five skilled nursing facilities in Rhode Island for $70.5 million, or $93,400 per bed. The pair also arranged $54.9 million in... Read More »
Freddie Mac Provides Financing for NY Seniors Housing Campus

Freddie Mac Provides Financing for NY Seniors Housing Campus

A large seniors housing campus in upstate New York secured permanent Freddie Mac financing thanks to the team of Tyler Armstrong, Chris Cain and Taylor Russ of Lument. Located in Rochester, The Village at Unity consists of 272 independent living units and The Village at Hamlet features 40 assisted living units and 20 memory care units. The property was originally built in 1990 with renovations in 2000, 2012 and 2022.  Rochester-based real estate investment firm Wegman Companies acquired the communities in 2018 through a partnership with Columbia Pacific Advisors and in a strategic alignment with Rochester Regional Health. Leisure Care took over management of the campus.  Lument... Read More »
Forbright Bank’s Financing Closings

Forbright Bank’s Financing Closings

Forbright Bank’s healthcare lending team closed nearly $100 million in financings across six transactions. The largest was a $35 million term loan syndication arranged for the acquisition of eight skilled nursing facilities across three states. Another highlight included an $18 million bridge-to-HUD loan that refinanced existing debt and provided an equity return to the sponsor of a seniors housing community in Arizona. The loan was structured for a near-term HUD submission by Forbright’s HUD team. There was another bridge loan, totaling $10 million, which supported an equity recapitalization for a seniors housing property in Oregon. Finally, Forbright arranged three separate working... Read More »
California and Pennsylvania Assets Secure Separate Financings

California and Pennsylvania Assets Secure Separate Financings

Sims Mortgage Funding (SMF) ended the year with a HUD closing for RiverPointe Post-Acute, a 112-bed skilled nursing facility in Carmichael, California. Affiliates of Links Healthcare Group LLC own and operate the facility. Links’ portfolio comprises 42 skilled nursing facilities with 4,675 beds. The existing bank loan was structured with A and B tranches and issued in August 2019 to finance the purchase of the asset. Forbright Bank held the A tranche, and an affiliate of SMF’s parent company, HJ Sims, issued the B tranche. SMF structured the deal so that the HUD-insured loan fully paid off the A/B tranches, and reimbursed Links for $731,000 in equity used for the acquisition and $1.168... Read More »
CCRC Secures Funding for Expansion

CCRC Secures Funding for Expansion

Ziegler announced the closing of Friendship Village of Kalamazoo’s $103.585 million Series 2026A, B-1, B-2, and B-3 bonds issued through the Economic Development Corporation of the City of Kalamazoo. Lifecare, Inc., doing business as Friendship Village Kalamazoo, is on approximately 72 acres within Kalamazoo, Michigan. The 364-unit CCRC comprises 230 independent living units (180 apartments and 50 garden homes), 54 assisted living units in its Woodside facility, 23 memory care units, and 57 skilled nursing beds. LCS will manage the community. A portion of the Series 2026 bonds will be used to add new and upgraded amenities to the campus, add more independent living units, and replace the... Read More »