• Berkadia Announces 2025 Activity and Latest Deal

    Berkadia recorded another successful year, with more than $2 billion in mortgage banking closings for the second consecutive year. In 2025, Berkadia’s financings were spread across 123 properties including active adult, independent living, assisted living, memory care and skilled nursing communities. Multiple lending sources were utilized, such... Read More »
  • Bank Closes Refinance and Acquisition Financing

    Coastal States Bank announced that it recently closed $9 million in financing to refinance a 60-unit purpose-built memory care community near Centerville, Ohio, and to acquire a 53-unit memory care community in Creve Coeur, Missouri. Following the closing, the sponsor’s affiliated management company, Kauhale Healthcare Management, began managing... Read More »
  • SLIB Sells Ohio Assisted Living Portfolio

    Jeff Binder and Ryan Saul of Senior Living Investment Brokerage sold a portfolio of three seniors housing communities in Ohio. Built between 1987 and 2009, the three buildings consist of 314 total units. They were in receivership. Working on behalf of the out-of-state owner, which has other seniors housing communities throughout Ohio, SLIB... Read More »
  • AHR’s New Interim CEO

    American Healthcare REIT, Inc.’s Chief Executive Officer and President, Danny Prosky, has taken a medical leave of absence, effective February 3, 2026, due to a recent medical event. So, the Company’s Board of Directors appointed Jeffrey T. Hanson, the Chairman of the company’s Board, to serve as Interim CEO and President, effective... Read More »
  • NHI Acquires Nine Communities

    National Health Investors made a large SHOP purchase, adding nine communities consisting of 460 total units across Kentucky, South Carolina and Tennessee. The properties will be managed by Allegro Living Management, an affiliate of Spring Arbor Management. NHI has an existing relationship with Spring Arbor totaling approximately $227 million in... Read More »
CBRE Closes Freddie Mac Green Advantage Loan

CBRE Closes Freddie Mac Green Advantage Loan

The Reliant Group is going green with its latest acquisition in Fresno, California, thanks to financing arranged by Aron Will, Austin Sacco, Andrew Behrens and Jesse Weber of CBRE. Built in 1989 and since then, the target features 200 units of independent living and assisted living spread across seven buildings, including one main three-story building. It is located in an affluent neighborhood of Woodward Park in Fresno and is within two miles of three healthcare facilities. Reliant and its operating partner of the deal, Cadence Senior Living, will execute a significant capital improvements project to upgrade the common areas, units and exterior as well as reduce the property’s... Read More »
California Retirement Community Sells

California Retirement Community Sells

The acquisition market is alive and well, at least it is in California, where demand for properties remains quite strong. The 158-unit, 96,700 square foot community has about 15 memory care units with all the remaining units licensed for both assisted living and independent living. Located just south of San Francisco, the community was built in 1986 and has not received the capex that it should have over the years. Occupancy suffered, at about 55%, despite having below market monthly rates. It was self-managed by a group of multifamily investors, so one could consider it to be somewhat of an orphan property. Because of the low occupancy, it was operating close to break even on estimated... Read More »