• Brookdale’s Portfolio Stumbles in February

    Brookdale Senior Living reported its February 2026 occupancy numbers, and if the remaining cold weather months even closely resemble what the company has posted so far this winter, they will need to do some serious heavy lifting this summer to progress in its census rebound.  All of its reported occupancy figures, including consolidated and... Read More »
  • 60 Seconds with Swett: The State of the Healthcare M&A Market

    I attended the McDermott Will & Schulte Healthcare Private Equity Conference in Miami Beach last week, and the buzz mostly centered around increased investment in outpatient care, AI in healthcare and a persistent bid-ask spread that has kept healthcare M&A relatively steady, and down when comparing it to the seniors housing and care... Read More »
  • Newmark Reports Slew of February Deals

    The Newmark seniors housing team reported an active February, with six investment sales and four significant debt transactions. First, outside of Chicago, the team sold Clarendale of Mokena, a 156-unit seniors housing community featuring independent living, assisted living and memory care services. The community was built in 2015 by Ryan... Read More »
  • Improving SNF Sells to Newer Skilled Nursing Entrant

    A regional skilled nursing owner/operator divested one of its senior care facilities in western Nebraska after deciding to refocus its operational efforts in a more condensed regional footprint. The owner/operator engaged Michael Segal and Daniel Waldhorn of Blueprint to run the process.  Built in 1960, Monument Rehabilitation and Care... Read More »
  • AEW Capital Management Divests to Joint Venture

    Berkadia Seniors Housing & Healthcare handled the sale and financing of The Sheridan of Green Oaks, which Town Lane and Arcole acquired, marking the joint venture’s fifth seniors housing investment in their inaugural $1.25 billion real estate fund. Built in 2016 by Senior Lifestyle Corporation, the Class-A community comprises 78 independent... Read More »
Contemporary Secures Another Mezz Loan

Contemporary Secures Another Mezz Loan

Contemporary Healthcare Capital helped finance another acquisition this month for a 50-bed skilled nursing facility in Gastonia, North Carolina. Ivy Senior Living was the borrower, obtaining both a senior loan from Millennium Bank and Alliance Bank, and a $504,750 mezzanine loan from Contemporary. The combined loans will fund the acquisition, a $200,000 working capital line of credit and $200,000 for facility renovations. This is the second acquisition mezzanine financing Contemporary has closed in the last month. In September, the firm helped affiliates of Opal Senior Living acquire a 115-bed assisted living/memory care community in Nashville, Tennessee. Opal received a $500,000 mezzanine... Read More »
Contemporary Nails Nashville Acquisition Financing

Contemporary Nails Nashville Acquisition Financing

Contemporary Healthcare Capital helped affiliates of Opal Senior Living to acquire a 115-bed assisted living/memory care community in Nashville, Tennessee. Opal received a $500,000 mezzanine loan from Contemporary and an accompanying senior loan from CoastalStates Bank. In addition to funding the acquisition, the combined financing also provided for about $300,000 in additional property renovations and upgrades. Previously a skilled nursing facility until it was substantially renovated and converted to assisted living, the community features 60 AL beds and 55 MC beds, and it is one of only two senior living properties in the Nashville metro area to accept Medicaid waiver... Read More »
Contemporary Healthcare Capital’s Latest Mezz Closings

Contemporary Healthcare Capital’s Latest Mezz Closings

Contemporary Healthcare Capital (CHC) closed two more mezzanine financings, working with bank partners to round out the capital stacks in the two transactions. CHC first returned to Wenatchee, Washington, where it had originally closed a $6.8 million construction loan and a $1.35 million mezzanine loan in December 2014 to fund Regency Pacific Management’s development of a 55-bed skilled nursing facility. After opening in 2016, the time has now come to refinance, and CHC was tapped to provide a $2.4 million mezzanine loan. CoastalStates Bank of Hilton Head, South Carolina provided the senior portion of the total $8.4 million uni-tranche loan. Then, in Mesquite, Nevada, CHC closed a $2.5... Read More »
Ryders Health Management Secures Financing For Connecticut Acquisition

Ryders Health Management Secures Financing For Connecticut Acquisition

Ryders Health Management acquired a 90-bed skilled nursing facility in eastern Connecticut, thanks to financing provided by both Contemporary Healthcare Capital and CoastalStates Bank of Hilton Head, South Carolina. Located in the town of Windham, the facility was previously owned by Affinity Healthcare but went into receivership following Affinity’s bankruptcy filing in 2016, its second in just six years. Now, the facility will complement Ryders’ six other SNFs located throughout Connecticut. To acquire the property and invest $1.55 million in capital improvements, Ryders obtained a $1.454 million mezzanine loan from Contemporary and a $4.725 million senior loan from CoastalStates... Read More »