• PGIM Divests Two Arizona Assets

    by | Jan 23, 2026 3:42 pm | Acquisitions, Financings

    JLL’s Seniors Housing Capital Markets team completed the sale and financing of three assets across two separate deals. First, it announced that it sold The Watermark at Morrison Ranch in Gilbert, Arizona, and Acoya Mesa in Mesa, Arizona. Both communities were stabilized at the time of the deal. JLL marketed the portfolio on behalf of the seller,... Read More »

  • Underperforming Asset Trades in California

    by | Jan 23, 2026 3:39 pm | Acquisitions

    A seniors housing community in Vacaville, California, sold with the help of Nick Stahler and Chad Mundy of The Knapp-Stahler Group at Marcus & Millichap. At the time of LOI, the asset was underperforming and financially strained. Built in 2004, it features more than 80 assisted living and memory care units and is licensed for over 90 beds on... Read More »

  • Communities Sell in California and Missouri

    by | Jan 23, 2026 3:08 pm | Acquisitions

    Haven Senior Investments closed a deal right before year-end and announced a couple of others from the preceding months. First, an assisted living community was facing a hard closing deadline, with a 30-day escrow and commercial loan that would have been canceled if the transaction did not close by December 31. Rebecca Van Wieren and Scott Fuller... Read More »

  • Cambridge Provides HUD Construction Financing

    by | Jan 23, 2026 3:07 pm | Developments, Financings

    Cambridge Realty Capital provided $6.5 million in construction financing for a 20-bed memory care addition to The Pointe at Pontiac, an existing 60-bed supportive living facility in Pontiac, Illinois. The borrower is an Illinois limited liability company. The financing is insured by HUD under its Section 241(a) program and will be used to fund... Read More »

  • SNF Portfolio Receives Bridge Financing

    by | Jan 23, 2026 3:05 pm | Acquisitions, Financings

    MONTICELLOAM, along with firm affiliates, provided $60 million in bridge financing to a five-facility skilled nursing portfolio in Illinois. The two-year loan was originated by Karina Davydov. The returning healthcare client, who operates over a dozen skilled nursing facilities in Illinois, will use the loan proceeds to acquire the portfolio,... Read More »

Two for one

by | Nov 13, 2015 8:30 am | Acquisitions, Financings

Greystone completed its first transaction where it both assists with a sale and places the debt to fund it. Mike Garbers, a Managing Director of Greystone Real Estate Advisors, closed the sale of a 110-unit assisted living/memory care community in Virginia Beach, Virginia for $38 million, or an above-average $345,500 per unit. A private seniors housing owner is the seller, and Capital Senior Living is the buyer. Built in 2001, the assisted living portion includes 69 studios and 16 one-bedroom units, while the 25 memory care units (all studios) were added in 2012. To finance the transaction, Cary Tremper of Greystone’s Debt and Structured Finance Team secured a $28.5 million loan through a... Read More »

Senior Care Market In Confused State

by | Aug 12, 2015 8:34 am | 60 Seconds, Opinion

Stocks are gyrating wildly, sometimes for good reason and other times not so much. Okay, I have to admit that I am confused now. When Brookdale came out with poor second quarter results, its stock tanked, as it should have. But then Capital Senior Living came out with a very upbeat quarter, and its stock jumped 10%, as it should have, but then dropped by 15% over the next several days, for little reason, other than perhaps in sympathy with Brookdale shareholders. Genesis Health announced a good quarter, and its stock jumped by 10%, as it should have, and kept on rising to a 26% gain in a week when the market as a whole tanked. Hell, it didn’t even budge when China devalued its currency. ... Read More »

A tale of two earnings

by | Aug 7, 2015 8:32 am | Opinion

What a difference a day can make. After Brookdale Senior Living’s meltdown in the market, when it ended Tuesday with a 7.1% drop in value on trading volume that was eight times the normal level, Capital Senior Living reported much more optimistic numbers. Occupancy was up 70 basis points from both the first quarter this year and the second quarter last year. June occupancy alone was up 40 basis points sequentially and was continuing to increase in July and August with some of their best move-in and deposit weeks ever. Its 2013 acquisitions are at 93% occupancy, and both the 2014 and 2015 acquisitions are at 95% occupancy. Apparently, they saw this coming with their activity in late March.... Read More »