• Brookdale Boosts Short Term Stability

    Brookdale Senior Living completed a series of financing transactions totaling approximately $600 million that refinanced all of its remaining 2026 mortgage debt and maturities, around $350 million, and a portion of 2027 mortgage debt maturities, approximately $200 million. The company also secured more fixed-rate debt, helping to cut rate risk.... Read More »
  • Ikaria Announces $1 Billion in Q4 Volume

    Ikaria Capital Group closed out a successful 2025, announcing several significant transactions in the fourth quarter that exceeded $1 billion in volume. The activity comprises financings in the seniors housing, skilled nursing and behavioral health sectors across multiple states and borrowers.  The largest deal was a $595.5 million senior... Read More »
  • PE Group Enters Oklahoma after Medicaid Rate Bump

    A skilled nursing facility in Oklahoma that recently benefited from the state’s Medicaid rate bump sold to a national private equity firm looking to enter the state. Built in 1967, Maplewood Care Center features 180 beds on over three acres in Tulsa. It is located close to several major hospitals and healthcare campuses, but occupancy was sitting... Read More »
  • Community Purchased through HUD Assumption

    Chad Mundy of the Knapp-Stahler Group of Marcus & Millichap sold an 82-unit assisted living/memory care community in Lewiston, Idaho. Built in phases in the early 2000s, the community featured five separate buildings, one of which was vacant after sustaining damage from a flood. As a result, occupancy was lower, based on the 89 licensed beds,... Read More »
  • The Zett Group Rounds Out Q4

    The Zett Group closed out Q4 with several closings in the Pacific Northwest. First was the sale of Fox Hollow, a 58-unit seniors housing community in Eugene, Oregon. Built in 1988 and renovated in 2003, the community features 51 assisted living units and seven independent living “cottage-style” units. Set in a nice area of Eugene, it was owned by... Read More »

Cambridge Realty Capital On a Roll

When it rains, it pours for Cambridge Realty Capital Companies, which announced a succession of three loan closings throughout the middle of the country. First up, the firm arranged $5.32 million in 24-year HUD financing for a Missouri LLC to refinance its 114-bed skilled nursing facility in Crystal Lake, Illinois. Then, down to Kansas City, Missouri, a 162-bed facility owned by a Missouri limited partnership also refinanced with a $4.02 million 25-year HUD loan. These closings come a month after Cambridge worked with Aron Will of CBRE to secure $30 million from a national bank to refinance a portfolio of four seniors housing communities in the El Paso, Texas area. Managed by 12 Oaks... Read More »
Cambridge Realty Capital’s crazy end to October

Cambridge Realty Capital’s crazy end to October

The team at Cambridge Realty Capital got to work this October, announcing eight transactions in the span of a few days. The largest of them featured a $26.92 million HUD loan closed for a 320-bed skilled nursing facility in Melville, New York. All but one of the remaining six transactions featured a HUD loan, ranging from $2.2 million to $18.3 million, for skilled nursing facilities, ranging in size from 78 to 170 beds. Cambridge also arranged a $3.0 million HUD loan for a 65-bed assisted living community in Boiling Springs, South Carolina. All told, nearly $80 million in financing was closed in the last few days of October. Well done to the Cambridge team. Read More »
Build with HUD

Build with HUD

The owner of a skilled nursing facility in Gibonsburg, Ohio is planning an addition to its 99-bed property, but also wanted to refinance its existing debt. So, they went to Cambridge Realty Capital Companies, which provided a $5.266 million HUD loan. That financing included both a six-month construction loan and a 34-1/2-year fully-amortizing permanent loan, with a blended interest rate. Read More »
Consistent Cambridge

Consistent Cambridge

Cambridge Realty Capital Companies has specialized in the small- to mid-sized loan in the first half of 2016. The lender closed a total of $61.6 million in six HUD financings in the six-month period. In that time, the largest closing was a $13.5 million loan for a 121-bed assisted living community in Aurora, Illinois, and the smallest was a $7.6 million loan to refinance a Chicago skilled nursing facility. That consistency has led to more than $5.0 billion in closed transactions for the firm since the 1980s. Read More »
A couple more closings for Cambridge

A couple more closings for Cambridge

A month after refinancing two skilled nursing facilities in the Chicago area owned and operated by Alden Management Services, Cambridge Realty Capital Companies did it again, but for two other facilities. The first, a 217-bed facility in Hoffman Estates, Illinois, received a $9.155 million HUD loan with a 29-3/4-year term. A 207-bed facility in Bloomingdale, Illinois was the second, and received an $8.35 million HUD loan with the same 29-3/4-year term. Cambridge Realty Capital Ltd. underwrote both transactions. Read More »