• Berkadia Secures Large Portfolio Refinance

    by | Jun 27, 2025 3:06 pm | Financings

    Berkadia closed $627.2 million in agency financing for Project Raven. Project Raven is a 35-asset seniors housing portfolio with 4,395 independent living, assisted living and memory care units. The portfolio spans 15 states. Austin Sacco, Steve Muth, Garrett Sacco and Alec Rosenfeld handled the financing on behalf of an institutional borrower.... Read More »

  • What Does Brookdale’s Proxy Fight Cost?

    by | Jun 27, 2025 2:54 pm | Opinion

    It seems that hardly a day goes by without yet another SEC filing by Brookdale Senior Living detailing why its slate of Board candidates is far better for shareholders than the slate submitted by activist investor Ortelius Advisors. But how much are they spending on this? It would be nice to know, and we are sure shareholders would rather have... Read More »

  • Do We Hear $30 Per Hour as the New Minimum Wage?

    by | Jun 27, 2025 2:53 pm | Opinion

    We know we have the People’s Republic of California, and after New York’s Democratic Party primary, we may have the People’s Republic of New York City by November. The surprise winner of the primary was 33-year-old Zohran Mamdani. He is a self-professed Socialist, and more. In addition to free bussing, freezes on apartment rents, higher taxes on... Read More »

  • BMO and TCG Refinance Florida CCRC

    by | Jun 27, 2025 2:51 pm | Financings

    BMO’s Healthcare Real Estate Finance group acted as sole lender on a real estate term loan refinancing for La Posada, a Class-A, 333-unit CCRC in Palm Beach Gardens, Florida. Originally opened in 2014 and with a major renovation and addition completed in 2018, the campus offers independent living (245 units), assisted living (30 units), memory... Read More »

  • The Lenders Roundtable: A Capital Markets Update

    by | Jun 26, 2025 3:48 pm | Financings

    On Thursday, June 26th, Managing Editor of The SeniorCare Investor Ben Swett sat down with a group of expert panelists to dive into the evolving financing process of M&A deals. Panelists included Dave Boitano, EVP & CIO of LTC Properties, Cary Tremper, President & CEO of Tremper Capital Group, and Patrick Gilbreath, Sr. Relationship... Read More »
Coast-To-Coast Closings From CBRE

Coast-To-Coast Closings From CBRE

by | Oct 5, 2018 8:51 am | Financings

Aron Will of CBRE continued his recent run of activity with two more transactions. Up first was a bank financing arranged on behalf of a joint venture between Bourne Financial Group and HRA Senior Living to refinance their newly-built 96-unit assisted living/memory care community in Wilmington, Delaware. The high-quality community boasts an upscale salon and spa, as well as a bocce court, yoga and fitness studios. It’s also located near two large shopping centers. CBRE secured a $25.5 million, five-year non-recourse loan with 36 months of interest only shortly after the property received its certificate of occupancy. Estimated lease-up figures in the affluent area must have been... Read More »
Private Evening in NYC

Private Evening in NYC

by | Dec 1, 2017 7:02 am | Opinion

Members of the American Seniors Housing Association and subscribers to The SeniorCare Investor gathered in New York City on the night of the Rockefeller Center tree lighting in an intimate setting at The Penn Club to hear what Rick Atlas (Atria Senior Living), David Reis (Senior Care Development) and Scott Stewart (Capitol Senior Housing) had to say about investing in seniors housing today. While all three were very bullish on the future of the seniors housing business and long-term investment values, there were certainly differences of opinion as to where they see strength. For example, David Reis stated that not only is the CCRC model alive and well, but several of his CCRCs are... Read More »