• Family Divests Upstate New York ALP

    by | Jan 2, 2026 3:43 pm | Acquisitions

    After running an assisted living/memory care community in Lockport, New York (Rochester MSA), for over three generations, a family has decided to divest and exit the industry. They engaged Dave Balow, Dan Geraghty and Ryan Saul of Senior Living Investment Brokerage to sell the asset. Built in 1982 and 1988, with a memory care expansion in 2017,... Read More »

  • Joint Venture Acquires California Facilities

    by | Jan 2, 2026 3:42 pm | Acquisitions

    At the end of a busy year of acquisitions, Stacked Stone Ventures announced one more on New Years Eve. The San Clemente, California-based real estate investment firm acquired two skilled nursing facilities in a joint venture with Praxis Capital for $8.25 million, or $43,200 per bed. The facilities feature a total of 191 skilled nursing and... Read More »

  • City of Wichita Issues Bond Financing

    by | Jan 2, 2026 3:40 pm | Financings

    Ziegler successfully closed Larksfield Place’s $45.205 million Series 2025 bonds, issued through the City of Wichita, Kansas. Larksfield is a not-for-profit, single-site CCRC founded in 1988 in northeast Wichita. The 67-acre campus includes 22 independent living villas, 164 independent living apartments, 62 assisted living apartments, 10 memory... Read More »

  • Receivership Sale of Standalone Memory Care Community Closes

    by | Dec 26, 2025 3:07 pm | Acquisitions

    Senior Living Investment Brokerage’s Southeast closings continued with the sale of Westminster Memory Care in Lexington, South Carolina. Built in 2020, the Class-A community features 48 units of memory care and high-end finishes. It is set on 6.3 acres, which provides an opportunity for expansion under new ownership. Also, at the time of the... Read More »

  • Active Adult Community Secures Freddie Mac Refinance

    by | Nov 26, 2025 12:44 pm | Financings

    An active adult community in Hurst, Texas, paid off its existing bank debt with a Freddie Mac refinance arranged by Berkadia. Heritage Village Residences was built in 2014 with 120 units, including 10 cottages. It was part of multiple acquisitions over the years, first in 2020 when Edison Equity Management Corporation bought it for $23.3 million... Read More »

CFG Capital Markets Advises on Seniors Housing Sale

by | May 10, 2017 7:00 am | Acquisitions

We typically see Capital Funding Group in the financing side of the business, boasting a steady stream of agency and bridge loan closings of late. But CFG Capital Markets, its investment banking and securities subsidiary, has just announced they represented the seller in its disposition of two seniors housing communities operated by Oxford Senior Living. Located in Derby, Kansas (Wichita MSA), the 48-unit stand-alone memory care community was built in two phases in 2011 and 2013. The McKinney, Texas community features 73 units of assisted living and memory care, and only just opened in January 2017 at a cost of $15 million, or $205,500 per unit. Understandably, it is still in lease-up, at... Read More »

Capital Funding’s Trio of Financings

by | Mar 29, 2017 8:30 am | Financings

Showing off its prowess at HUD refinances, Capital Funding Group closed three of them for clients in the Southeast. First, in Washington D.C., Patrick McGovern provided a $10.5 million HUD loan to a 183-bed skilled nursing facility. This transaction comes full circle for Mr. McGovern, who arranged the original bridge acquisition loan (being taken out by the current HUD refinance) in addition to a $2 million working capital line to finance operations. Then, Gary Sever of Capital Funding Group closed two other transactions, including a $2.57 million HUD loan for an assisted living community in North Carolina and an $18.9 million HUD refinance of an assisted living community in Crozet,... Read More »

CFG’s transaction trifecta

by | Oct 27, 2016 4:16 pm | Financings

Capital Funding Group showed off its variety of services in its latest grouping of closings, totaling $25 million in financing. Gary Sever led the way in the largest transaction, closing a $17.6 million HUD construction loan for a to-be-built assisted living/memory care community in Cary, North Carolina. The building is expected to open in May 2017 with 40 AL and 40 MC units. Meanwhile, Jeffrey Stein originated a $5 million cash flow loan for a Texas skilled nursing operator. And finally, Chip Woelper arranged a $2.5 million working capital line of credit for a 141-bed skilled nursing/rehabilitation facility in Los Angeles. Well done to the CFG team. Read More »

Capital Funding Locks in Acquisition Financing

by | Sep 30, 2016 2:44 pm | Acquisitions

We know how long skilled nursing acquisitions can take in the state of New York. That didn’t stop Maximus Healthcare LLC from acquiring Briody’s Health Care, an 82-bed skilled nursing facility in Lockport, New York (just outside of Rochester). It was first announced back in May 2015 that Maximus intended to acquire the facility, which had been owned by the Briody family for three generations. But the family’s presence at the facility will still be felt, with the existing administrator, Ann Briody Petock, electing to stay on. To finance the acquisition, Craig Casagrande of Capital Funding Group originated a $6.683 million bridge loan. Maximus also has plans to modernize the facility’s... Read More »

Capital Funding’s closings

by | Jul 29, 2016 8:30 am | Acquisitions, Financings

Capital Funding Group closed a couple of transactions recently for SNFs up and down the East Coast. Starting in New York, the lender provided a $19.1 million bridge-to-HUD loan for a borrower to acquire a 167-bed skilled nursing facility. The loan covered over 90% of the $20.87 million, or $125,000 per bed, purchase price. Craig Casagrande originated the transaction, which was funded through a combination of senior and mezzanine debt and included a turnaround component based on projected improvements to the facility’s performance. Plus, Chip Woelper originated a $3 million working capital loan for the borrower to finance operations. In a separate transaction, Capital Funding served as sole... Read More »