• 60 Seconds with Steve Monroe: Record M&A Year, Again

    by | Nov 12, 2025 8:47 am | 60 Seconds, Acquisitions, Statistics

    You may start to get tired of hearing us talk about all the records being set, but we will never tire of it. As of November 11, we have passed last year’s record of total acquisitions in the seniors housing and care sector, now standing at over 720 deals, according to LevinPro LTC. And we thought last year was an amazing year! The good news is... Read More »

  • Regional Owner/Operator Acquires in North Carolina

    by | Nov 12, 2025 8:44 am | Acquisitions

    A skilled nursing facility with 130 beds recently sold in North Carolina. It was 53% occupied and not stabilized at the time of sale. According to LevinPro LTC, the purchase price was one of the highest per-bed prices we have seen in the state, at $21 million, or $161,500 per bed. The seller, a North Carolina-based owner/developer that had owned... Read More »

  • Tennessee Community Trades in Receivership Sale

    by | Nov 12, 2025 8:43 am | Acquisitions

    Blueprint recently announced a few closings involving a prominent lender and special services seller. The first was in Raleigh, North Carolina, and was handled by Kyle Hallion, Kory Buzin and Steve Thomes. Buzin and Thomes facilitated the second deal, selling Knollwood Point in Mobile, Alabama. The pair also sold The Pointe at Kirby Gate in... Read More »

  • Northeast-Based Owner/Operator Expands in Georgia

    by | Nov 12, 2025 8:23 am | Acquisitions

    Daniel Geraghty, Bradley Clousing and Nick Cacciabando of Senior Living Investment Brokerage were engaged in the sale of a skilled nursing facility with 100 beds in College Park, Georgia. At the time of sale, the facility was operating at a loss. The seller was a national owner of long-term care and seniors housing assets across the country, and... Read More »

  • Provident Bank Funds Portfolio Refinance and Recapitalization

    by | Nov 12, 2025 8:11 am | Financings

    Tom Cassidy of Provident Bank’s Healthcare Lending team provided funding to a regional owner/operator in the Southeast. The new client, a family business, secured a $29.84 million portfolio refinance and recapitalization of four stabilized seniors housing communities in Florida. The well-performing portfolio totals more than 250 units across a... 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 »