• Regional Owner/Operator Enters New State

    A regional owner/operator looking to enter the state of Indiana acquired Smith Farms Manor, an independent living community in Auburn, about 30 miles south of the Michigan border. Built in 1998, the community features 51 units and is well maintained. It sits on an attractive four-acre campus down the street from Parkview DeKalb Hospital and off... Read More »
  • Skilled Nursing Portfolio Gets New Operator

    Evans Senior Investments secured a new lease for a skilled nursing portfolio in Tennessee on behalf of an institutional owner. The portfolio features four assets and was operating below 70% occupancy with margins under 10%. Despite that performance, ESI secured a lease $3 million above in-place cash flow, reflecting the operational upside that... Read More »
  • Seniors Housing and Care M&A Remains Elevated in Q1:26

    The number of publicly announced seniors housing and care acquisitions in the first quarter of 2026 reached 231 deals, based on new acquisition data from LevinPro LTC. This represents a 19.8% decrease from the 288 transactions disclosed in the fourth quarter of 2025, but a 25.5% increase from the 184 deals in Q1:25.   “It was always going... Read More »
  • Clarion Acquires Again in Colorado

    Two years after opening a 160-unit seniors housing community in Centennial, Colorado (Denver MSA), MorningStar Senior Living announced an expanding relationship with Clarion Partners, a leading real estate investment company and specialty investment manager of Franklin Templeton, in its acquisition of MorningStar at Holly Park. The community... Read More »
  • 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 »
Dwight Capital’s Strong Q1 Activity

Dwight Capital’s Strong Q1 Activity

Dwight Capital’s first quarter is in the books, and it was an active three months for them to say the least. The firm financed $121.6 million across 12 transactions, including four HUD loans, seven bridge financings and one additional financing.   Starting with the HUD deals, Dwight Capital first closed a $21.3 million loan for a 195-bed skilled nursing facility in Long Grove, Illinois. Built in 1996, the facility received a substantial renovation in 2016 and now includes a therapy gym, family lounges, spa and salon services, and sound proofing to promote rest. It last sold in 2016 to Cascade Capital Group for around $14.4 million, or close to $75,000 per bed. After the deal, Legacy... Read More »
Dwight Capital Announces Both Bridge Loans and Agency Financings

Dwight Capital Announces Both Bridge Loans and Agency Financings

Dwight Capital ended 2020 with a bang, with more than $117 million of healthcare financings closed during the fourth quarter. The volume included a few bridge acquisition loans for senior care facilities across the country, starting with $15 million in bridge and mezzanine debt for the acquisition of three assisted living/skilled nursing facilities in Kansas. Adam Sasouness originated the transaction as well as a $13.95 million bridge loan for the Laurels Portfolio, which consists of three properties in northeast Ohio with 313 beds of assisted living and skilled nursing.   Previously owned by a REIT, the facilities were originally built in the 1960s and... Read More »
Dwight Capital Acquires Love Funding

Dwight Capital Acquires Love Funding

The HUD market seems to be the steadiest in the senior care lending world since the onset of COVID-19, after a few hiccups and delays earlier this year. Recently, there was a shake-up in the lending market, as Dwight Capital acquired Love Funding, the HUD lending subsidiary of Midland States Bank.   Love Funding’s platform will be rebranded and integrated within Dwight Capital, while Midland States Bank will retain the existing Love Funding servicing portfolio. Read More »
Dwight Capital Refinances New Jersey SNF

Dwight Capital Refinances New Jersey SNF

Dwight Capital arranged a HUD refinance for a skilled nursing facility in Union City, New Jersey (New York City MSA). Built in 2008 right at the New Jersey end of the Lincoln Tunnel, the 127-bed facility provides a variety of services including on-site diagnostic x-rays, occupational therapy, physical therapy, speech/language pathology and podiatry services, among others. Its owner obtained a $12.4 million HUD loan with a 35-year term and amortization. The lower fixed interest rate also provided the borrower with substantial annual debt service savings. Adam Offman of Dwight Capital originated the transaction.  Read More »
Dwight Capital Closes Two HUD Refinances

Dwight Capital Closes Two HUD Refinances

At the end of March, Dwight Capital announced a HUD refinance of a senior care campus in Andover, Kansas. Built in 2004 and 2010, respectively, the assisted living and skilled nursing buildings feature 164 total beds on 7.2 acres. Clint Miller of Dwight Capital originated a $14 million loan with a 35-year term and amortization to refinance the facility.  Earlier in the month, Dwight Capital’s Kevin Lifshitz also got a HUD financing closed in West Jordan, Utah (Salt Lake City MSA). The target was a Beehive Homes community built in 1996 and 2007 on over 1.5 acres. It currently consists of 50 beds in 50 units and is located less than a mile from Jordan Valley Medical Center. The license... Read More »