• Brookdale’s Summer Test Ahead

    Brookdale Senior Living reported its March occupancy results, and it unfortunately took another step in the wrong direction. We will get a better read when peers report first-quarter results and when NIC MAP releases its next tranche of occupancy data, but at this point, it seems as though Brookdale will need a particularly strong performance... Read More »
  • Public REIT Acquires New England Seniors Housing Portfolio

    Blueprint announced that it handled the sale of a three-community private pay seniors housing portfolio in Rhode Island. A Dallas-based private equity firm engaged Blueprint in 2025 to sell the portfolio, which it acquired with Capital Health Group in 2019. The assets comprise 367 independent living, assisted living and memory care units in the... Read More »
  • Regional Owner/Operator Exits Senior Care Industry

    Senior Living Investment Brokerage completed a regional owner/operator’s exit from the seniors housing industry with a third and final disposition. The asset was The Homestead in Fallon, Nevada, about one hour east of Reno. It was originally built between 1972 and 1980 and has undergone significant renovations in 2007 and 2018. Most recently, in... Read More »
  • Well-Performing SNF Trades in Iowa

    A skilled nursing facility in Cedar Rapids, Iowa, that boasted strong occupancy levels and consistent cash flow traded hands. The facility had long-standing referral relationships and a reliable census pipeline. But, there is still room for upside.  Ownership was intentional in selecting a buyer that would preserve and build upon the facility’s... Read More »
  • Class-A Active Adult Community Trades

    An active adult community north of Houston, Texas, sold with the help of Cody Tremper, Mike Garbers, Ross Sanders and Dave Fasano of Berkadia Seniors Housing & Healthcare. Alders Magnolia encompasses 184 units in Magnolia, and was built in 2021. The seller was Capitol Seniors Housing, and the buyer was Texas-based active adult development and... Read More »
Dwight Capital Reports Active Q4

Dwight Capital Reports Active Q4

Dwight Capital closed $291.46 million in seniors housing and healthcare financings during the fourth quarter of 2021, including bridge loans for the Certus Portfolio, Solaris Portfolio, and Epic Portfolio. These transactions were funded through the firm’s commercial mortgage REIT, Dwight Mortgage Trust. Featured among Dwight’s Q4 closings are an $89 million bridge acquisition loan for a 1,352-bed portfolio of fifteen skilled nursing facilities located across Ohio. The borrower, Certus Healthcare Management, plans to invest in a capex plan to complete interior improvements across these properties. In the Southeast, Dwight has seen a lot of activity. They closed a $48.28 million bridge... Read More »
Dwight Capital Reports Active Third Quarter

Dwight Capital Reports Active Third Quarter

The capital markets certainly appear healthy again, and as such, Dwight Capital reported a very active third quarter with over $170 million in bridge and HUD loans for senior care properties. For the M&A comeback to really commence, lenders will need to be willing partners on those deals, and five of Dwight Capital’s recent closings went to fund acquisitions.  The largest was a $23.25 million loan for a 272-bed skilled nursing facility in Peckville, Pennsylvania. Bradley Clousing and Toby Siefert of Senior Living Investment Brokerage handled the sale, procuring 12 offers on the facility and closing the deal at the start of September. Built in 1974, the facility is licensed for 272... Read More »
Dwight Capital Reports Successful Second Quarter

Dwight Capital Reports Successful Second Quarter

Dwight Capital financed $234.15 million in seniors and healthcare financings during the second quarter.  Dwight first closed a $94.3 million HUD loan for The Village at Gainesville, a large (and we mean large) senior living community located in Gainesville, Florida. This also was the largest healthcare 232(a)(7) loan closed in HUD’s history to date, which we covered in May. Set on 104 acres, the gated community features a total of 651 beds, including a majority of independent living beds with around 140 beds of assisted living and memory care. Originally built in 1986 and acquired in 1990 by the current owner, SantaFe HealthCare, the community has undergone substantial renovations over the... Read More »
Dwight Capital Closes Largest HUD 232(a)(7) Loan in History

Dwight Capital Closes Largest HUD 232(a)(7) Loan in History

The team at Dwight Capital just closed the largest healthcare 232(a)(7) loan in HUD’s history to date for a large seniors housing community in Gainesville, Florida. Set on 104 acres, the gated community features a total of 651 beds, including a majority of independent living beds with around 140 beds of assisted living and memory care. Originally built in 1986 and acquired in 1990 by the current owner, SantaFe HealthCare, the community has undergone substantial renovations over the years. The long list of amenities also includes a tennis court, swimming pools and convenience store.   Josh Sasouness and Avi Lifshitz originated the transaction, which totaled $94.3 million... Read More »
Dwight Capital Refinances Twin Cities Community

Dwight Capital Refinances Twin Cities Community

Dwight Capital provided a HUD refinance for a senior living cooperative in Richfield, Minnesota, a Twin Cities suburb. Built in 2000, the community features 157 units in 12 stories and sits on a 1.7-acre site. Amenities include a library, fitness room, hair salon, community room, grocery store, individual storage space and exterior gardens.   Josh Sasouness of Dwight Capital originated the transaction on behalf of the undisclosed borrower, providing a $22.2 million, or $141,400 per unit, loan for the property. The debt replaces a previous HUD loan and extends the borrower’s term.  Read More »