• 60 Seconds with Swett: The Great Debates of Senior Care

    Next week for our Second Quarter Investor Call, sponsored by Ziegler, we’ll be trying something different that is sure to be both entertaining and useful for our audience of operators, investors, brokers, lenders and everyone else. We’ll be tackling The Great Debates of Senior Care, covering some of the most important issues facing the industry.... Read More »
  • Thank You Ortelius?

    Brookdale Senior Living just reported June occupancy, and the increases were much better than we expected for a second quarter, which historically has been a mixed bag for the industry. Let’s just say, we were impressed. June’s same-community weighted average occupancy was 81.1%, up 220 basis points year over year and up 50 basis points... Read More »
  • SLIB Sells SNF in New Jersey

    Toby Siefert of Senior Living Investment Brokerage got a skilled nursing sale in New Jersey over the finish line after survey issues caused a buyer switch-up. Built in 1980, Medford Care Center is located in the town of Medford (about an hour east of Philadelphia) and features 180 beds on an 11-acre campus. Operations were not strong, and the... Read More »
  • Carnegie Capital Celebrates 10-Year Anniversary with Texas Portfolio Deal

    Carnegie Capital, the national seniors housing debt brokerage founded and run by JD Stettin and David Farhadian, celebrated its 10-year anniversary with a $124 million, or $117,100 per bed, portfolio acquisition transaction. Carnegie provided a combination of advisory work and debt placement for the nine-skilled nursing facility portfolio with... Read More »
  • 12 Oaks Senior Living Appoints New CFO

    12 Oaks Senior Living appointed Elliott Westerman as CFO, effective immediately. Westerman has more than two decades of leadership experience across senior living, healthcare, and real estate sectors. As CFO, Westerman will oversee all aspects of financial management, including financial planning and analysis, capital structure strategy,... Read More »
NewPoint’s New Way Forward with CEO Nick Gesue

NewPoint’s New Way Forward with CEO Nick Gesue

NewPoint Real Estate Capital announced its strategic integration of the Alder View Capital (SVC) team into its platform. The move came on the heels of NewPoint’s appointment of AVC’s founder and CEO, Nick Gesue, as CEO of NewPoint itself. AVC’s Kevin Laidlaw and Cal Masterson will be joining Gesue at NewPoint, as well, adding to NewPoint’s deep bench of expertise. The combination will position NewPoint as a leading provider of borrower-centric capital solutions to the senior housing and care sector, in addition to the broader multifamily and residential housing sector. And the NewPoint platform provides AVC clients with access to a suite of lending options, including agency (Fannie Mae and... Read More »