• Berkadia Announces 2025 Activity and Latest Deal

    by | Feb 5, 2026 12:18 pm | Acquisitions, Financings

    Berkadia recorded another successful year, with more than $2 billion in mortgage banking closings for the second consecutive year. In 2025, Berkadia’s financings were spread across 123 properties including active adult, independent living, assisted living, memory care and skilled nursing communities. Multiple lending sources were utilized, such... Read More »

  • Bank Closes Refinance and Acquisition Financing

    by | Feb 5, 2026 12:17 pm | Acquisitions, Financings

    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... Read More »

  • SLIB Sells Ohio Assisted Living Portfolio

    by | Feb 5, 2026 12:13 pm | Acquisitions

    Jeff Binder and Ryan Saul of Senior Living Investment Brokerage sold a portfolio of three seniors housing communities in Ohio. Built between 1987 and 2009, the three buildings consist of 314 total units. They were in receivership. Working on behalf of the out-of-state owner, which has other seniors housing communities throughout Ohio, SLIB... Read More »

  • AHR’s New Interim CEO

    by | Feb 5, 2026 12:12 pm | Uncategorized

    American Healthcare REIT, Inc.’s Chief Executive Officer and President, Danny Prosky, has taken a medical leave of absence, effective February 3, 2026, due to a recent medical event. So, the Company’s Board of Directors appointed Jeffrey T. Hanson, the Chairman of the company’s Board, to serve as Interim CEO and President, effective... Read More »

  • NHI Acquires Nine Communities

    by | Feb 3, 2026 3:47 pm | Acquisitions

    National Health Investors made a large SHOP purchase, adding nine communities consisting of 460 total units across Kentucky, South Carolina and Tennessee. The properties will be managed by Allegro Living Management, an affiliate of Spring Arbor Management. NHI has an existing relationship with Spring Arbor totaling approximately $227 million in... Read More »
Not-for-Profit Secures Financing for Debt and Development

Not-for-Profit Secures Financing for Debt and Development

by | Jan 20, 2026 3:54 pm | Financings

HJ Sims closed a $105 million tax-exempt bank placement for Shepherd of the Valley Lutheran Retirement Services, Inc., the proceeds of which were used to refinance all outstanding bank debt of the organization and provide new money for a start-up campus in Salem, Ohio. The new Salem campus will comprise 36 market-rate independent living villas, 52 middle-market independent living apartments and 36 assisted living apartments.  The financing was accomplished with three series of debt, including two long-term series and one being repaid with initial community fees, across three banking partners, who were all new to Shepherd of the Valley. Lynn Daly, Sean Golden and Justice Onyeugo helped... Read More »

NewPoint Originates Acquisition Financing

by | Jan 15, 2026 3:12 pm | Acquisitions, Financings

NewPoint Real Estate Capital originated $53 million in bridge financing to facilitate Cougar Capital Management’s acquisition of a large portfolio of independent living communities in upstate New York. The 24-month, non-recourse floating-rate loan provided by a debt fund was originated by NewPoint’s Cal Masterson and Kevin Laidlaw. These five communities total 701 units. They were built between 2000 and 2008 and comprise 15 acres in the Rochester MSA. Cougar Capital Management announced that it paid $51 million for the assets, or $72,800 per unit. Property management will be transferred to Willow Ridge Senior Living, which announced that it co-invested in the portfolio, which includes... Read More »

Financing Secured for Skilled Nursing Portfolio

by | Jan 15, 2026 3:11 pm | Financings

MONTICELLOAM, along with firm affiliates, provided $107 million in combined bridge and working capital financing to a four-facility skilled nursing portfolio in Florida. The transaction includes a $100 million bridge loan and a $7 million working capital line of credit. The loan proceeds will be used by the borrower, a returning MONTICELLOAM client, to pay off the existing debt on the portfolio, which comprises 480 beds. Read More »

CCRC Secures Funding for Capital Improvements

by | Jan 15, 2026 3:08 pm | Financings

Ziegler successfully closed the $47.9 million Series 2025 bonds for Bishop Gadsden Episcopal Retirement Community. Ziegler has had a relationship with Bishop Gadsden for more than 20 years.  Bishop Gadsden owns and operates a not-for-profit CCRC on James Island in Charleston, South Carolina. Founded in 1850, Bishop Gadsden provided housing for seniors on the peninsula of Charleston but moved to its current location in 1987 on land donated by St. James Episcopal Church. Over the years, the community has grown to include a campus of 125 acres consisting of 283 independent living units, 79 assisted living units, 32 memory care units and 100 skilled nursing beds (32 of which are... Read More »

Regional Owner/Operator Secures Acquisition Financing

by | Jan 15, 2026 11:17 am | Financings

Andrew Lanzaro of Berkadia Seniors Housing & Healthcare arranged a $24.75 million bridge financing for the acquisition of a 140 unit seniors housing community in Ocean Springs, Mississippi, on behalf of a Memphis-based repeat client. The purchase represented the buyer’s 10th community in Mississippi and was funded with 1031 exchange equity. The bridge loan was sized to 75% of the purchase price and features a 24-month, interest-only term with one six-month extension option. Berkadia intends to refinance the community with a HUD 232/223(f) loan. The regional owner/operator buyer paid $33 million, or $235,700 per unit, for the community. Built in phases from 2019 to... Read More »