• Berkadia Announces Array of Closings

    by | May 15, 2026 11:41 am | Acquisitions

    Berkadia is riding a transaction hot streak, closing 19 property sales in the last 45 days. The activity included a portfolio featuring five assisted living/memory care communities across Utah, Wisconsin and Minnesota sold to Jaybird Capital, an affiliate of Jaybird Senior Living, through HUD assumptions. Jaybird assumed management of the... Read More »

  • Tremper Capital Group Closes Several Financings

    by | May 15, 2026 11:40 am | Acquisitions, Developments, Financings

    Tremper Capital Group showed off its variety with a series of financings closed for clients across the country. They included a construction loan, an acquisition loan, a bank refinance and a portfolio financing. First, the team closed non-recourse construction financing for an assisted living/memory care community in the Dallas-Fort Worth area.... Read More »

  • Upstate New York SNF Trades Between Not-for-Profits

    by | May 15, 2026 11:39 am | Acquisitions

    Joe Knapp of the Knapp-Stahler Group at Marcus & Millichap handled the sale of a skilled nursing facility in upstate New York. The Center For Nursing And Rehab in Hoosick Falls, New York, comprises 82 beds in a single-story building that sits on four acres. It was built in 1954, but renovated in 1979 and 1995.  Apparently, the facility... Read More »

  • Acquisition Financing Closed for Distressed California Community

    by | May 15, 2026 11:37 am | Acquisitions, Financings

    Private debt fund and direct commercial real estate lender Wilshire Finance Partners closed an $8.15 million first lien bridge loan for the acquisition and repositioning of a distressed seniors housing community in California. The financing included reserves specifically allocated for capital improvements and operational support during the... Read More »

  • Developer and Operator Secure Construction Financing

    by | May 15, 2026 11:36 am | Developments, Financings

    Another new development will soon be underway, with BLDG Real Estate and The Fellowship Family securing financing for a $100 million full-continuum community, Fellowship Wildlight. BLDG Real Estate is a real estate development firm that specializes in design, development and asset execution across multiple product types. The Fellowship Family is... Read More »
Sabra Health Care REIT Grows Its Southern California Portfolio

Sabra Health Care REIT Grows Its Southern California Portfolio

by | Nov 26, 2019 3:01 pm | Acquisitions

Sabra Health Care REIT has teamed up with Scottsdale, Arizona-based owner/operator Cadence Living to grow its senior living portfolio with the purchase of an assisted living/memory care community in Poway, California (San Diego MSA). Located adjacent to a 149-bed skilled nursing facility and near the Palomar Hospital, the community is spread out on 32 acres with seven separate buildings. It is unique in that it offers a horticultural-therapy program that grows more than 20,000 pounds of organic fruits and vegetables on several fields and greenhouses located throughout the property. There are of course many benefits to this program, from the obvious farm-to-table meals to providing excess... Read More »
Cadence Living Making Moves in Arizona

Cadence Living Making Moves in Arizona

by | Jun 13, 2019 1:03 pm | Developments

A Scottsdale, Arizona-based senior living operator is set for a major expansion into its home state, joining other builders in the booming Phoenix metro market. Cadence Living and its San Diego-based development partner Global Seniors Housing acquired the 7.7-acre plot in the town of Chandler (about 20 miles southeast of Phoenix) and is set to start construction on the project later this year. Estimated about a cost of $46 million, or about $240,000 per unit, the community will feature 191 units of independent living, assisted living and memory care services. The community will join Cadence’s brand-new community in Glendale, which opened this March with 165 senior living units, plus two... Read More »