• Land & Buildings Targets National Health Investors

    It seems to be the season for activist investors not happy with investment values, but these days, who is happy unless you shorted the entire market on March 31? In addition to what is happening with Brookdale Senior Living, Land & Buildings, no stranger to the senior care industry, has put forward a few board candidates for National Health... Read More »
  • Skyline Healthcare Update

    Skyline Healthcare’s Joseph Schwartz finally was sentenced for his crimes against the U.S., his employees and his residents. It seems, however, that the punishment does not fit the crime. Sentenced to three years in prison followed by three years of supervised release, plus a $100,000 fine, just does not seem to be enough for what he did. We have... Read More »
  • CreativCap Closes Two Financings

    CreativCap secured debt for two clients, including a bridge loan and a lifeco refinance. The $53 million bridge loan was closed on behalf of a new client, Inspired Living, and facilitated the refinancing of two assisted living/memory care communities. Each community consisted of 127 units (81 AL and 46 MC), with one located in Florida and the... Read More »
  • CIBC Refinances Improving AL Community

    CIBC Bank USA provided a $17.5 million term loan to refinance a 67-unit assisted living community in Oregon. The community has been operated by the owner for over a year, and it caters towards residents with behavioral needs. Performance has trended well over the last 12 months through occupancy improvements (75% in Q4:23 to over 90% currently)... Read More »
  • Greystone Provides Bridge Financing

    Greystone provided $40.5 million in bridge financing to Kalesta Healthcare Group for the acquisition and refinance of two skilled nursing facilities with 219 beds in Menlo Park and Los Banos, California. The interest-only, non-recourse bridge loan carries a 24-month term with two six-month extension options, enabling Kalesta to complete the... 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 »
Interview with Aaron Krawitz of Bravo Capital

Interview with Aaron Krawitz of Bravo Capital

The SeniorCare Investor’s Managing Editor, Ben Swett, sat down with Aaron Krawitz of Bravo Capital to discuss the current lending market, what terms borrowers can receive for their different property types, and what to expect in the months to come. Read More »