• ESI Adds Capital Markets & Debt Advisory Team

    Evans Senior Investments has expanded its platform to now include a dedicated Capital Markets & Debt Advisory team to source debt solutions for its clients. Complementary to its brokerage/investment sales services and benefitting from Evans’ robust lender network, the new platform will facilitate acquisition financings, refinancings,... Read More »
  • Optimism across the Board in BBG’s Investor Survey Results

    Ben Swett, Managing Editor of The SeniorCare Investor, sat down with R.J. DeBee, Senior Managing Director – Seniors Housing & Healthcare National Practice Leader of BBG Real Estate Services, to discuss the biggest takeaways of BBG’s fifth Annual Investor Survey. Read More »
  • Lument Closes Freddie Mac Refinance

    Lument closed a $26.8 million Freddie Mac refinance for Treeo South Ogden, a 143-unit independent living community in Ogden, Utah, approximately 30 miles north of Salt Lake City. Tyler Armstrong, Chris Cain and Taylor Russ, all managing directors with Lument, led the transaction. Treeo South Ogden was purpose-built in 2015, and has been owned and... Read More »
  • Berkadia Handles Detroit-Area Deal

    Berkadia closed the sale of Oakleigh of Macomb, an 85-unit assisted living/memory care community in Macomb, Michigan (Detroit MSA). Built in 2019, the community has 55 assisted living and 30 memory care units. It was 91% occupied, so given its vintage and performance, we imagine it attracted significant investor interest. Berkadia represented the... Read More »
  • Developer Divests MC Communities to Kalesta Healthcare

    G Capital helped facilitate the sale of two memory care communities in Silicon Valley in an off-market transaction. Calson Management, a developer/operator based in Vacaville, California, had acquired Silver Oaks Memory Care in Menlo Park and Crescent Oaks Memory Care in Sunnyvale several years ago as value-add opportunities. The firm... Read More »
Dekel Capital Funds Latest California Construction Project

Dekel Capital Funds Latest California Construction Project

Who says construction is slowing down? It may very well be, but we keep seeing an active market for construction loans. Dekel Capital arranged one of those totaling $38.7 million for a to-be-built assisted living/memory care community in Glendale, California. East West Bank originated the four-year loan, which came with 36 months of interest-only payments, at 65% loan-to-cost for the developer, Willis Development. Dekel, through its proprietary equity fund Dekel Strategic Investors, also provided $20.7 million in JV equity for the development. Read More »
Dekel Capital Refinances New Development

Dekel Capital Refinances New Development

As a newly developed assisted living/memory care community in Fresno, California, continues its march towards stabilization, its owners refinanced the existing construction loan with the help of Dekel Capital. The Los Angeles-based real estate merchant bank placed a $14.1 million bridge loan, with a 25-month interest-only term, at approximately 65% loan-to-value to provide funding through the lease-up of the remaining units. Mountain Capital Partners and Willis Development opened the community in 2016 with 83 assisted living and 24 memory care units. Read More »