• Strawberry Fields REIT’s 2025 Growth

    by | Feb 20, 2026 3:31 pm | Acquisitions

    Strawberry Fields REIT reported its 2025 operating results, noting that it was the best year since its inception more than 10 year ago. The company posted significant increases in FFO and AFFO, and it completed more than $110 million in several new acquisitions. Its portfolio now includes 131 skilled nursing facilities, 10 assisted living... Read More »

  • Owner/Operator Exits SNF Sector

    by | Feb 20, 2026 3:29 pm | Acquisitions

    An independent owner/operator exited the skilled nursing sector through its divestment of Sunrise Country Manor, which has 80 beds in Milford, Nebraska, and features a mix of private and semi-private units. It maintained an 83% occupancy rate at the time of the sale. A regional operator looking to expand its footprint in Nebraska acquired the... Read More »

  • Assisted Living Providers Join Forces 

    by | Feb 20, 2026 3:28 pm | Acquisitions

    Majestic Residences recently expanded its footprint, adding 17 assisted living communities and six in active development, through its acquisition of Avendelle Senior Living. Avendelle will be integrated into the Majestic Residences platform, with Avendelle’s corporate team retained. The combined organization will operate under the Majestic... Read More »

  • Investor Secures Financing and Acquires Class-A Community

    by | Feb 20, 2026 3:27 pm | Acquisitions, Financings

    BWE’s Seniors Housing Capital Markets Team sold and financed The Capstone at Station Camp, which sits in the Nashville, Tennessee MSA. Built in 2021, the Class-A assisted living and memory care community comprises 100 units in Gallatin. It is operated by TerraBella Senior Living.  BWE represented the seller, Hunt Midwest. The buyer was a... Read More »

  • Multiple SNFs Sell in Separate Transactions

    by | Feb 20, 2026 3:26 pm | Acquisitions

    A large skilled nursing company sold its 181-bed skilled nursing facility to a private investment firm based in New York, exiting South Carolina in the process. The buyer had an existing skilled nursing footprint, and will be leasing this facility to a regional operator. The building was older, built in the 1980s, and was around 80% occupied at... Read More »
Berkadia Refinances AL Community in Hawaii

Berkadia Refinances AL Community in Hawaii

by | Aug 12, 2021 2:24 pm | Financings

Berkadia Seniors Housing & Healthcare has refinanced a 123-unit assisted living community in Kailua-Kona, Hawaii, for $16.58 million. Berkadia’s Jay Healy secured the financing on behalf of the owner, who acquired the facility in August 2017 after previously managing the building on behalf of the seller.  The 35-year loan paid off an $11.7 million bridge loan that Berkadia had arranged to fund the acquisition and subsequent $4.5 million renovations, which was finished in early 2020. The borrower also used funds from the loan to pay off the remaining unsecured seller financing as well as some outstanding partnership debt. Occupancy was substantially below its potential at the time... Read More »
Berkadia Brokers HUD Refinance for Oklahoma SNF

Berkadia Brokers HUD Refinance for Oklahoma SNF

by | Jul 29, 2021 12:05 pm | Financings

Berkadia arranged a HUD refinance for a 111-bed/54-unit skilled nursing facility in Muskogee County, Oklahoma, located southeast of Tulsa. Originally built in 1974, the facility features 58 ventilator beds. Its historical occupancy had averaged 75%, but it is certainly possible that census fell below that figure during the pandemic. Jay Healy of Berkadia originated a $5.6 million loan on behalf of the undisclosed borrower.  Read More »

Stephanie Anderson Moving to Berkadia

by | Jul 2, 2021 12:01 pm | Financings

Berkadia announced the addition of Stephanie Anderson as SVP, Head of Berkadia Seniors Housing & Healthcare Operations. Ms. Anderson will work alongside SVP and Head of FHA and Berkadia Seniors Housing Finance Steve Ervin. She will be based out of Boston.  With over 25 years of experience in the senior housing space in many different roles Ms. Anderson previously served as the National Sales Director for Housing & Healthcare Finance. She has held executive level roles with Health Care REIT (now Welltower), GE Healthcare Finance and Ventas. Anderson has been on the board of both the American Seniors Housing... Read More »
Berkadia Closes Two Large Agency Financings

Berkadia Closes Two Large Agency Financings

by | May 18, 2021 4:57 pm | Financings

Berkadia announced two sizeable financings arranged for senior care clients in Portland, Oregon. The larger transaction saw Touchmark receive an $82.4 million loan through Freddie Mac to refinance its senior living community located just three miles from the center of Portland. Opened in 2018 with independent living, assisted living and memory care services, the community has around 275 units. Its construction cost was estimated at $90 million, or $326,100 per unit.   Chris Cain and Rafael Nobo secured the seven-year debt at 53% loan-to-value, putting the community’s value now at over $155.47 million, or $563,300 per unit. This was the second agency loan... Read More »
Joint Venture Acquires The Villages-Adjacent Senior Living Community

Joint Venture Acquires The Villages-Adjacent Senior Living Community

by | Mar 11, 2021 10:34 pm | Acquisitions

The Seniors Housing and Healthcare Group at Berkadia arranged the sale of a 126-unit assisted living/memory care community in Oxford, Florida. Tim Cobb and Brooks Minford handled the transaction on behalf of the undisclosed seller.   Built in 2015, the high-quality community has 134 beds and is set on a four-acre campus adjacent to The Villages. It was formerly operated by Leisure Care.   A joint venture between Inspirit Senior Living (which will operate) and two New York City-based investment and asset management firms, Venue Capital and Drake Real Estate Partners, acquired the property for $15 million, or $119,000 per... Read More »