• PGIM Divests Two Arizona Assets

    by | Jan 23, 2026 3:42 pm | Acquisitions, Financings

    JLL’s Seniors Housing Capital Markets team completed the sale and financing of three assets across two separate deals. First, it announced that it sold The Watermark at Morrison Ranch in Gilbert, Arizona, and Acoya Mesa in Mesa, Arizona. Both communities were stabilized at the time of the deal. JLL marketed the portfolio on behalf of the seller,... Read More »

  • Underperforming Asset Trades in California

    by | Jan 23, 2026 3:39 pm | Acquisitions

    A seniors housing community in Vacaville, California, sold with the help of Nick Stahler and Chad Mundy of The Knapp-Stahler Group at Marcus & Millichap. At the time of LOI, the asset was underperforming and financially strained. Built in 2004, it features more than 80 assisted living and memory care units and is licensed for over 90 beds on... Read More »

  • Communities Sell in California and Missouri

    by | Jan 23, 2026 3:08 pm | Acquisitions

    Haven Senior Investments closed a deal right before year-end and announced a couple of others from the preceding months. First, an assisted living community was facing a hard closing deadline, with a 30-day escrow and commercial loan that would have been canceled if the transaction did not close by December 31. Rebecca Van Wieren and Scott Fuller... Read More »

  • Cambridge Provides HUD Construction Financing

    by | Jan 23, 2026 3:07 pm | Developments, Financings

    Cambridge Realty Capital provided $6.5 million in construction financing for a 20-bed memory care addition to The Pointe at Pontiac, an existing 60-bed supportive living facility in Pontiac, Illinois. The borrower is an Illinois limited liability company. The financing is insured by HUD under its Section 241(a) program and will be used to fund... Read More »

  • SNF Portfolio Receives Bridge Financing

    by | Jan 23, 2026 3:05 pm | Acquisitions, Financings

    MONTICELLOAM, along with firm affiliates, provided $60 million in bridge financing to a five-facility skilled nursing portfolio in Illinois. The two-year loan was originated by Karina Davydov. The returning healthcare client, who operates over a dozen skilled nursing facilities in Illinois, will use the loan proceeds to acquire the portfolio,... Read More »
Forbright Bank Reports Active 2024

Forbright Bank Reports Active 2024

by | Jan 16, 2025 3:01 pm | Acquisitions, Financings

Forbright Bank’s Healthcare and HUD lending teams closed 2024 with strong deal activity. Last year the Healthcare and HUD lending teams provided more than $400 million in financing to organizations in more than 12 states.  In one recent transaction, Forbright provided a $40 million bridge loan for the acquisition of three seniors housing facilities in Oregon. Underwriting was done in conjunction with Forbright’s HUD team. In another recent transaction, the bank provided a $38 million term loan and $5 million revolver for the acquisition and renovation of two skilled nursing facilities in Massachusetts by an experienced regional operator with a strong presence in the state.... Read More »
Class-A Community Secures Refinancing

Class-A Community Secures Refinancing

by | Jan 16, 2025 2:52 pm | Financings

BMO’s Healthcare Real Estate Finance group acted as sole lender on a term loan refinancing of $30 million for The Solana East Cobb, a Class-A, 94-unit assisted living and memory care community in the Atlanta, Georgia MSA. The community has been operated by The Arbor Company since its original opening in 2019. Arbor manages 49 seniors housing communities across 11 states. Read More »
Monarch/REDICO Joint Venture Secures Refinancing

Monarch/REDICO Joint Venture Secures Refinancing

by | Jan 16, 2025 2:51 pm | Financings

Marathon Asset Management’s Commercial Real Estate platform originated a $154.5 million mortgage loan to a joint venture between Monarch Alternative Capital LP and REDICO to fund the refinance of The American House Florida Portfolio. Marathon’s Joseph Griffin originated the senior acquisition loan. Aron Will and Adam Mincberg of CBRE arranged the financing, marking CBRE’s second financing of this portfolio within a three-year time span.  The portfolio comprises six purpose-built seniors housing communities with 817 units (409 independent living, 306 assisted living and 102 memory care). Five were built between 2015 and 2018 in strong Florida markets.  REDICO has been invested in the... Read More »
CIBC Provides SNFs Financing

CIBC Provides SNFs Financing

by | Jan 14, 2025 3:47 pm | Acquisitions, Financings

CIBC Bank USA provided a $67 million term loan to finance the acquisition of five skilled nursing facilities and the refinance of 21 skilled nursing and assisted living facilities located throughout Wisconsin. CIBC also provided an aggregate $21 million of working capital via multiple revolving lines of credit to 53 skilled nursing/assisted living facilities primarily located in Wisconsin. The borrowing group had recently received substantial reimbursement support from the state. Peter Kane and Michael Velazquez handled the transaction for CIBC Bank USA. Read More »
Local Operator Secures Acquisition Financing

Local Operator Secures Acquisition Financing

by | Jan 14, 2025 3:46 pm | Acquisitions, Financings

JLL Capital Markets arranged $39.98 million in acquisition financing for a portfolio of three seniors housing communities totaling 344 units in Eugene and Springfield, Oregon, on behalf of a local operator. JLL secured the three-year, floating-rate financing from a regional bank. The JLL Seniors Housing Capital Markets team representing the borrower was led by Senior Director Alanna Ellis and Associate Alex Sheaffer.  The portfolio comprises Evergreen Senior Living, Timber Pointe and Woodside Senior Living, which together offer 43 independent living, 245 assisted living and 56 memory care units. All of the properties were built between 1996 and 2006 and were fully renovated in... Read More »
Class-A Community Secures Refinancing

Joint Venture Secures Refinancing

by | Jan 10, 2025 2:04 pm | Financings

CBRE arranged a refinancing of a six-property seniors housing portfolio on behalf of a joint venture between Monarch Alternative Capital LP and REDICO. American House Senior Living Communities, an affiliate of REDICO, will continue to manage the portfolio. Aron Will and Adam Mincberg originated a $154.5 million loan, marking CBRE’s second financing of this portfolio within a three-year time span. Marathon Asset Management, a New York-based lender focused on creative capital solutions, provided the loan.  The portfolio comprises six purpose-built communities encompassing 817 total units (409 independent living, 306 assisted living and 102 memory care) in performing Florida markets... Read More »