• CBRE’s Active 2025 and Q1:26 Projections

    CBRE’s National Senior Housing team announced its 2025 activity, with $3.1 billion in total transaction volume. Debt originations and equity placements comprised $1.95 billion of that total, and were completed across 25 states. Meanwhile, the investment sales side closed $1.15 billion in deals, selling 27 properties across 14 states. The... Read More »
  • Underperforming AL/MC Assets Sell in Michigan

    A buyer with operational expertise and capital resources acquired two seniors housing communities that were not stabilized at the time of sale. The new owner intends to stabilize performance, implement targeted management improvements and reposition the assets. Current rates are priced below local competitors, offering upside through rate... Read More »
  • Global Real Estate Investor Enters Seniors Housing

    Blueprint revisited a familiar property, selling it on behalf of a joint venture that originally purchased it through another Blueprint-led sales process. The partnership was between a global private equity firm and a seniors housing sponsor, and at the time of its acquisition, the community was struggling. But they renovated all units and common... Read More »
  • LTC Properties Gets Early Start on 2026 SHOP Acquisitions

    LTC Properties started the year off with a large SHOP acquisition in Atlanta, Georgia. The portfolio comprises three seniors housing communities with nearly 400 independent living, assisted living and memory care units. The assets were built between 2014 and 2018, and were stabilized at the time of sale at 92% occupancy. LTC Properties will... Read More »
  • 1019 Senior Living Enters Another State

    1019 Senior Living entered a new state through its fifth seniors housing acquisition. The Indiana-based owner/operator purchased Arden Courts at Kenwood, rebranded as Belle’s Place of Kenwood, which was previously operated by Evergreen Senior Living. Built in 2002 with a new roof added in 2016, the asset sits in Cincinnati, Ohio, in the Kenwood... Read More »
Cambridge Realty Capital Lowers Rate On 16 Facilities

Cambridge Realty Capital Lowers Rate On 16 Facilities

Cambridge Realty Capital announced a slew of HUD loan modifications in the first half of 2020. The lender worked on behalf of borrowers with a combined 16 healthcare facilities that all had HUD mortgages. They are located in Illinois, California, Ohio, Texas, New Jersey and Iowa. In total, Cambridge funded over $200 million in loan modifications, resulting in a lower interest rate for its clients.  This announcement comes a month after Cambridge closed a HUD refinance of a 115-bed skilled nursing facility in northeast Texas in the city of Longview. Built in the 1980s but well maintained, this facility has so far been spared from COVID-19. The New York-based owner decided to refinance... Read More »
Cambridge Realty Capital Closes HUD Deal

Cambridge Realty Capital Closes HUD Deal

The HUD pipeline is still flowing these days, and Cambridge Realty Capital Companies announced a loan closing for a 115-bed skilled nursing facility in northeast Texas in the city of Longview. Built in the 1980s but well maintained, this facility has so far been spared from COVID-19. The New York-based owner decided to refinance and, with the help of Cambridge, obtained a $3.907 million HUD loan. The interest rate came in under 3%, and the loan came with a fully amortized 29-year term.   Read More »
Cambridge Realty Capital Refinances Illinois SLF

Cambridge Realty Capital Refinances Illinois SLF

Three years after acquiring a supportive living community in Pontiac, Illinois, a regional owner is refinancing the property with the help of Cambridge Realty Capital Companies. Originally built in 2009, the 60-unit community is made up of 52 private studio and eight one-bedroom units. It is also located just minutes from OSF St. James Hospital. At the time of its December 2016 sale, it was about 82% occupied, with a 16% operating margin on approximately $1.73 million of revenues. The purchase price came to $7.5 million, or $125,000 per unit. Now, Cambridge has secured a $7.6 million HUD loan, with a fully amortizing 35-year term, to refinance it. Read More »
Cambridge Realty Capital Closes Two Oklahoma Financings

Cambridge Realty Capital Closes Two Oklahoma Financings

Cambridge Realty Capital Companies closed two HUD transactions in the state of Oklahoma for a couple of skilled nursing facilities operated by Diakonos Group. The first was for a 125-bed senior care facility in Collinsville (Tulsa MSA), which received a $2.4 million loan with a fully amortizing 26-year term. The facility is comprised of 90 skilled nursing and 35 assisted living beds, with long- and short-term care plus physical, occupational and speech therapy services. Then, Cambridge arranged a $7.48 million loan, with a 28-year term, for a senior care campus in Vinita (northeast Oklahoma). The property offers 50 independent living, 25 assisted living and 127 skilled nursing beds, with... Read More »
Cambridge Realty Capital Arranges Refinance for Florida AL Community

Cambridge Realty Capital Arranges Refinance for Florida AL Community

Cambridge Realty Capital Companies successfully refinanced an assisted living community in Largo, Florida (St. Petersburg MSA). The 63-bed community, which is owned by a Florida limited liability company, obtained a $4.1 million HUD loan with a fully amortizing 33-year and eight-month term. Amenities at the pet-friendly community include a hair and nail salon, library and gardens with walking paths. It also provides in-house therapy with Fusion Healthcare. Autumn Senior Living manages the community. This transaction was one of eight HUD Lean refinances that Cambridge closed in the previous HUD fiscal year, with a total of $80.8 million in volume. Read More »