• Genesis HealthCare’s Legacy Liabilities Lead to Bankruptcy Filing

    by | Jul 11, 2025 2:31 pm | Opinion

    Genesis HealthCare has filed for Chapter 11 bankruptcy protection, listing its 298 affiliated holding companies, ancillary businesses and insurance vehicles in its submission to the U.S. Bankruptcy Court for the Northern District of Texas Dallas Division. It is one of the largest skilled nursing operators in the country and operates 218... Read More »

  • Cindat Capital Management Invests in Colorado Community

    by | Jul 11, 2025 2:30 pm | Financings

    Cindat Capital Management, a middle-market real estate private equity platform focused on seniors housing and opportunistic investments, announced its first investment from its Senior Housing Credit Platform. It was a unitranche debt investment in The Pearl at Boulder Creak, a 116-unit, Class-A independent living and assisted living community... Read More »

  • MedCore Divests to Publicly Traded Healthcare REIT

    by | Jul 11, 2025 2:28 pm | Acquisitions

    Ziegler announced its role as exclusive sell-side financial advisor to MedCore on the sale of Parkview on Hollybrook, a 189-unit rental CCRC in Longview, Texas. The property has been on a long road to stabilization. It was originally bought in a bankruptcy auction in 2016 for $20.7 million by Thrive FP when it was in the middle of development. 12... Read More »

  • Forbright Bank’s H1 Activity

    by | Jul 11, 2025 2:27 pm | Financings

    Forbright Bank reported its activity for the first half of the year from its healthcare and HUD lending teams, announcing more than $500 million in loans closed for acquisitions, recapitalizations, working capital, and HUD financings for healthcare providers across the country. One of the largest transactions was a $60 million revolving loan to... Read More »

  • Large SNF Portfolio Secures Financing

    by | Jul 11, 2025 2:26 pm | Financings

    MONTICELLOAM, LLC announced the closing of $218.3 million in combined bridge, mezzanine, and working capital financing for 18 skilled nursing facilities across Kentucky. The transaction includes a $179.3 million senior bridge loan and a $29 million mezzanine loan, which the sponsor plans to use to restructure and upsize the existing debt on the... Read More »

Cambridge Realty Capital On a Roll

by | Jan 26, 2017 8:28 pm | Financings

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

by | Nov 1, 2016 7:47 pm | Financings

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

by | Sep 28, 2016 8:30 am | Developments, Financings

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

by | Aug 9, 2016 12:49 pm | Financings

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

by | Jun 24, 2016 8:30 am | Financings

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 »