• Joint Venture Acquires Four AL/MC Communities

    Following an active year of M&A with five separate deals totaling 21 properties, Stacked Stone Ventures has kicked off its 2026 growth with a portfolio acquisition in the Southeast. In a joint venture with Praxis Capital and an undisclosed family office, Stacked Stone, which was founded by Kent Eikanas, bought four assisted living/memory care... Read More »
  • Another Publicly Traded REIT Joins the M&A Mix

    Another well-capitalized institutional player is stepping into the seniors housing fray, adding fuel to an already aggressive bidding environment. And based on its initial acquisitions, with one closed at more than $1 million per unit, the target seems to be high-quality assets. Prices are rising fast in that segment, and as the buyer pool... Read More »
  • Distressed AL/MC Community Gets New Owner

    Scott Frazier, Kory Buzin and Steve Thomes of Blueprint advised a special servicer in the seniors housing sector on the sale of Spanish Vines, a well-maintained assisted living/memory care community. It sits in a densely populated Pocket-Greenhaven neighborhood of southwest Sacramento, California. The 88-unit community was generating negative... Read More »
  • Underperforming Community Sells and Secures Financing

    A buyer recently acquired an underperforming seniors housing community in Charleston, South Carolina, and Blueprint Capital Markets secured the debt financing. Blueprint also represented the undisclosed seller in its divestment. The asset comprises 84 units of assisted living and memory care. There is room for occupancy growth and expense cuts,... Read More »
  • Standalone MC Communities Secure Acquisition Financing

    Berkadia recently announced three financings on behalf of three different sponsors. In one of the closings, Steve Muth and Ed Williams arranged $25.8 million in acquisition financing for Peregrine Senior Living at Clifton Park and Peregrine Senior Living at Orchard Park. The bridge financing was provided through Berkadia’s Proprietary Lending... Read More »
The Lenders Roundtable: A Capital Markets Update

The Lenders Roundtable: A Capital Markets Update

On Thursday, June 26th, Managing Editor of The SeniorCare Investor Ben Swett sat down with a group of expert panelists to dive into the evolving financing process of M&A deals. Panelists included Dave Boitano, EVP & CIO of LTC Properties, Cary Tremper, President & CEO of Tremper Capital Group, and Patrick Gilbreath, Sr. Relationship Manager & Vice President of KeyBank. Frank Cassidy, who oversees HUD’s Office of Housing and the FHA, also dialed in as a special guest to discuss HUD’s launch of its “Express Lane.” Watch the LTC Properties-sponsored webinar here. Read More »
Distinctive Healthcare Recaps Class-A Naples Community

Distinctive Healthcare Recaps Class-A Naples Community

Cushman & Wakefield secured an all-cash, $40 million equity raise for the recapitalization of the Seascape at Naples, offering an attractive basis with strong upside potential.  Built in 2018, this Class-A seniors housing community is in Naples, Florida, with 196 independent living, assisted living and memory care units.  John Alascio, Aaron Graves and Jason Blankfein of Cushman & Wakefield’s Equity, Debt & Structured Finance group advised the borrower, Distinctive Healthcare, alongside seniors housing specialists Jason Skalko from Cushman’s Investment Sales team and David Young of Greystone.  Within the first month of taking over operations, Distinctive... Read More »
Newmark Secures Refinancing for Virginia Class-A Communities

Newmark Secures Refinancing for Virginia Class-A Communities

The Newmark Seniors Housing Team announced the closing of the refinance of two newer-vintage seniors housing communities in Virginia. Both communities saw strong leasing activity during the marketing process, and Newmark closed with a regional bank that provided non-recourse financing at competitive terms. The total loan was around $88 million.  Built in 2021, The Providence Fairfax is a seven-story seniors housing community with 124 assisted living and 30 memory care units. Built in 2022, The Landing Alexandria is a nine-story seniors housing community in Alexandria with 40 independent living units, 89 assisted living units and 42 memory care units. Read More »
Financing Secured for New Jersey SNF Acquisition

Financing Secured for New Jersey SNF Acquisition

MONTICELLOAM announced the financing of a $33.6 million senior bridge loan for the acquisition of a skilled nursing facility in New Jersey. The floating-rate loan has a 30-month initial term for the borrower group, a longstanding client of MONTICELLOAM, that will use the financing towards the purchase of a northeastern New Jersey facility totaling 180 beds. Read More »
Berkadia Closes Four HUD Loans

Berkadia Closes Four HUD Loans

Within the past 30 days, Jay Healy and Andrew Lanzaro of Berkadia Seniors Housing & Healthcare have closed four HUD 232/223(f) loans totaling $64.4 million in aggregate proceeds. The loans were obtained on behalf of three sponsors and are secured by three seniors housing communities and a skilled nursing facility spanning Hawaii, Texas and Washington. Each loan carries a fully amortizing 35-year term.  The first transaction was a $18 million refinance for a San Marcos, Texas-based owner/operator of assisted living and memory care communities. The proceeds were used to retire bank construction debt and convertible ownership debt utilized to develop the 94-unit AL/MC community in... Read More »
Senior Care Portfolio Secures Acquisition Financing

Senior Care Portfolio Secures Acquisition Financing

First Citizens Bank’s Healthcare Finance business helped to arrange $270 million in financing to support the acquisition of 30 senior care facilities across Idaho, Oregon, Washington, Montana and Arizona. The portfolio includes 15 skilled nursing facilities, and seven senior care campuses that feature skilled nursing beds as well as independent living and assisted living units. There are 1,584 skilled nursing beds, 90 assisted living units and 450 independent living units. The buyer is a real estate investment group that specializes in the post-acute sector. The properties have been, and will continue to be, operated by Cascadia Healthcare and its affiliate, Olympus Retirement... Read More »