• Joint Venture Acquires and Secures Financing in Maryland

    Berkadia announced the sale and financing of an active adult community in Annapolis, Maryland. Built in 2002, Gardens of Annapolis features 106 units with 42-one bedroom/one-bathroom units, 23 two-bedroom/one-bathroom units and 41 two-bedroom/two-bathroom units. The property has been well-maintained over the last 20 years as a result of... Read More »
  • Newmark Facilitates a Sale and Refinance

    Newmark’s Senior Housing Team handled the sale of a seniors housing community in South Carolina. Built in 2021, New Haven at Little River features 154 independent living, assisted living and memory care units in Little River, South Carolina. Totaling 200,000 square feet, it has 89 IL, 44 AL and 19 MC units. No additional details were disclosed,... Read More »
  • Joint Venture Secures Refinancing

    Mesa West Capital provided a joint venture with a loan to refinance a seniors housing community in Montvale, New Jersey. The joint venture comprises AEW Capital Management, Thrive Senior Living and Pike Construction. The five-year, floating-rate $57 million loan is secured by Thrive at Montvale. Built in 2022 by Thrive and Pike, the community... Read More »
  • 60 Seconds with Swett: What Could Stop the M&A Momentum?

    Last week, we recorded our 560th deal of 2024, which breaks the annual record for M&A volume across seniors housing and skilled nursing transactions. And we have more than two months to go. So there can be no dispute that we will set an M&A record this year, and by a large margin. But could 2024 actually end with a whimper? We ask that... Read More »
  • Brookdale and the Golden Age

    A lot has been made recently of the looming Golden Age of seniors housing. An analyst at Jefferies & Co. came out with a strong recommendation of Brookdale Senior Living and its potential to take advantage of the upcoming age wave. They referred to Brookdale as the leading senior living provider well positioned for this. A more accurate... 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 »
Has There Been Any Progress on Labor?

Has There Been Any Progress on Labor?

What has changed with labor in the senior care industry over the last two years? Back in October 2021, LevinPro LTC hosted a webinar discussing the senior care industry’s staffing shortages with CEO of Dwyer Workforce Development, Barb Clapp, and Steve LaForte of Cascadia Healthcare. Those interested in watching Finding It, Retention & Coping with Higher Wages can find the replay link here. Two years later, with the same panelists, Managing Editor Ben Swett hosted Has There Been Any Progress on Labor?, detailing the industry’s path towards labor stabilization, what has gone right, and what still needs to be done. Clapp and LaForte discuss how staffing issues have altered since 2021,... Read More »
The Rise of the Regional Operator

The Rise of the Regional Operator

The SeniorCare Investor’s Managing Editor, Ben Swett, sat down with Roddy and Michael Radnia of Brighton Care Group to discuss the company’s growth from six beds to 600, the lessons learned along the way, and how not to lose that local touch when operating as a larger, expanding company. Read More »
Financing for Seniors Housing and Care in 2023 and Beyond

Financing for Seniors Housing and Care in 2023 and Beyond

On April 20, 2023, The SeniorCare Investor’s Managing Editor Ben Swett and a panel of experts including Christopher Honn of NewPoint Real Estate Capital and Jack Boudler of Regions Bank discussed the current lending environment in a webinar called “Financing for Seniors Housing and Care in 2023 and Beyond.” Interest rates have shot up at a quicker pace than ever, a couple of large banks collapsed, the seniors housing and care industry has already seen some major defaults, and the debt market has certainly become less liquid in recent months. So, with all of these issues swirling, that made the timing of this discussion excellent. Watch the discussion here! Read More »