• 60 Seconds with Steve Monroe: You’ve Got To Be Kidding

    by | Nov 18, 2025 3:31 pm | 60 Seconds, Opinion

    Sadly, we are not kidding. President Trump has shown his true colors, and his true loyalty to the almighty dollar, with yet another pardon of one of the bad boys of senior care. But this bad boy is the worst of the group. We are referring to the just announced pardon of criminal Joseph Schwartz, the former owner of Skyline Health. Several months... Read More »

  • Publicly Traded REIT Divests Seniors Housing Portfolio

    by | Nov 18, 2025 3:19 pm | Acquisitions

    A Wisconsin-based developer sold its five seniors housing properties in the Badger State to LTC Properties. Tukka Properties has a longstanding relationship with Walker & Dunlop, which had secured development debt, equity and permanent financing for the assets over the years and had also sold a Tukka-developed property to Welltower in 2021... Read More »

  • Sale Revives Stalled Seniors Housing Development

    by | Nov 18, 2025 3:18 pm | Acquisitions

    Blueprint closed on the sale of a partially developed seniors housing community in Pearland, Texas. Originally planned as a 198-unit independent living, assisted living and memory care community on 9.6 acres, the project was approximately 60% complete when development stalled. Blueprint targeted seniors housing operators and developers, as well... Read More »

  • MONTICELLOAM Closes One of Its Largest Financings

    by | Nov 18, 2025 3:17 pm | Financings

    In one of the largest financings the firm has ever completed, MONTICELLOAM, LLC, along with firm affiliates, funded $470.5 million in total bridge and working capital financing for a sixteen-facility skilled nursing portfolio. The sponsor group, which owns and operates over 200 skilled nursing facilities across the country, used the $455.5... Read More »

  • Cash Flowing Assets Trade in Florida and Oregon

    by | Nov 18, 2025 3:15 pm | Acquisitions

    Blueprint was engaged by a repeat institutional private equity client in the sale of a Class-A assisted living/memory care community in the Clearwater, Florida MSA. The community has received investments over the years and offered immediate in-place NOI and strong operating margins, while presenting some value-add opportunities. Kyle Hallion,... Read More »
Bridge To HUD With Grandbridge Real Estate Capital

Bridge To HUD With Grandbridge Real Estate Capital

by | Nov 8, 2017 7:00 am | Financings

Less than a year after receiving bridge financing, a 90-unit assisted living community in Billings, Montana is already refinancing through HUD, with Grandbridge Seniors Housing and Healthcare Finance Group leading them along the way. Through BB&T Real Estate Funding, Grandbridge had originally provided the community a bridge loan at the end of 2016. Now, Richard Thomas and Meredith Davis have originated a $19.93 million HUD loan, with a 35-year term and 35-year amortization schedule, to refinance the community. Read More »
Acquiring in the Acela Corridor

Acquiring in the Acela Corridor

by | Sep 8, 2016 7:25 pm | Acquisitions, Financings

As we are about to travel from the New York City area to Washington, D.C. for the upcoming NIC Fall Conference, we must take note of two teams that did that trek probably a number of times recently. Grandbridge Real Estate Capital provided through its proprietary lending platform, BB&T Real Estate Funding, a $43.5 million non-recourse acquisition/bridge loan for a joint venture between Blue Vista Capital Management and Meridian Senior Living. Owned by Holladay Corp., a D.C.-based real estate developer/owner, the targets included an 88-unit assisted living/independent living/respite care community built in 1976 in Yorktown Heights, New York and a 131-unit (147 units post-renovation)... Read More »