• Evans Arranges New SNF Lease

    by | Jan 16, 2026 2:37 pm | Acquisitions

    Evans Senior Investments arranged a new lease for a skilled nursing facility in Denver, Colorado, securing a 293% increase in rent on a per-bed, per-month basis in the process. At the time of marketing, the facility was 62% occupied with minimal Medicare Part A referrals. However, the 1960s-built facility has 16 private units and is proximate to... Read More »

  • Cross River Bank Closes Large Acquisition Loan

    by | Jan 16, 2026 2:35 pm | Acquisitions, Financings

    Cross River Bank recently closed a large acquisition loan for a portfolio of seven skilled nursing facilities and one assisted living community in Georgia, Tennessee and Missouri. Raina Yoo was the Loan Officer on the transaction. The portfolio features a total of 1,339 licensed beds, and occupancy stood at 88%, overall.  Read More »

  • Local Operator Closes Lease-to-Purchase Deal

    by | Jan 16, 2026 2:34 pm | Acquisitions

    A skilled nursing facility in Mississippi faced a time-sensitive CHOW with frozen Medicaid rates under appeal after the outgoing operator was planning to leave before the ownership transfer occurred, posing meaningful risk to the facility’s financial performance and operational continuity. The facility was older and around 50% occupied at the... Read More »

  • Mainstay Senior Living Grows in Georgia

    by | Jan 16, 2026 2:31 pm | Acquisitions

    Mainstay Senior Living acquired two seniors housing communities in Savannah, Georgia. The properties are located about five miles apart from each other. Grace Manor Savannah was built in 1997, while Habersham Manor was built in the late-1980s. They feature a total of 143 assisted living and memory care units. Florida-based Mainstay now has 46... Read More »

  • Private Equity Firm Divests Portfolio to Chicago Investor

    by | Jan 15, 2026 4:06 pm | Acquisitions

    Trinity Investors, a Texas-based private equity firm, sold a 224-unit portfolio of three seniors housing communities in Alabama that it acquired in tranches between 2022 and 2023 with a regional owner/operator. After the portfolio stabilized and capital was injected into the communities, Trinity recapitalized the venture in March 2025 with... Read More »

CBRE helps refinance successful community

by | Sep 18, 2015 8:30 am | Financings

A 100-unit independent living community well located in Carmichael, California with a strong occupancy history was recently refinanced with the help of CBRE. Aron Will of CBRE National Senior Housing and Kevin Randles of CBRE’s Debt and Structured Finance office arranged a $12 million fixed-rate loan from Fannie Mae. CBRE Multifamily Capital originated the loan on behalf of the borrower, Ray Stone, Inc., which operates five other communities with over 800 units in California and has operated the Carmichael community since its opening in 2003. Occupancy has ranged from 95% to 99% in the last few years, with rents starting at $1,500 a month and going up to about $4,000 a month. The refinance... Read More »

Freddie Mac welcomes newest lender

by | Aug 7, 2015 8:31 am | Financings

Arbor Commercial Mortgage is fast diversifying its seniors housing lending platform. In June, the company closed its first bridge loan. In July, Fannie Mae approved Arbor as a Seniors Housing DUS Lender. And now in August, it was appointed as Freddie Mac’s latest Seniors Housing Lender, one of just 15 others in the country. Arbor kicked off this new relationship by providing a $12.1 million loan to refinance a 98-unit assisted living community in Mesquite, Texas. Built in 1999 and renovated in 2013, the community had an average occupancy rate of 96.5%. Jeff Ringwald, SVP of Seniors Housing & Healthcare for Arbor, closed the loan which featured a 10-year term and 30-year amortization... Read More »

Arbor Commercial Funding adds Fannie Mae program

by | Jul 10, 2015 9:30 am | Financings

Already having been one of the Top 10 Fannie Mae DUS Multifamily lenders by volume for some time (with over $1.6 billion in transactions in 2014) and the Top Fannie Mae Small Loan Lender in 2014, Arbor Commercial Funding, a subsidiary of Arbor Commercial Mortgage, was just approved as a Fannie Mae Seniors Housing DUS Lender. Under the new program, which will be headed by COO, John Caulfield, Arbor will look to provide non-recourse financing from Fannie Mae for independent living, assisted living and memory care communities. With the program in its infancy, there have been no transactions yet, but the pipeline is building. Since fully developing their Seniors Housing and Healthcare Finance... Read More »

KeyBank provides $635 million Fannie Mae credit facility

by | Apr 8, 2015 7:59 pm | Financings

KeyBank provoked some conversation at the recent NIC Conference after announcing that it would provide a $635.6 million Fannie Mae credit facility to subsidiaries of Senior Housing Realty Trust, a Maryland-based REIT owned by an affiliate of Senior Resource Group and its institutional partners. The facility came with a 10-year term (with 10 years of interest only) and a fixed rate, plus the option for releases, additions, substitutions and the capacity to expand with additional fixed or floating debt. KeyBank will also be able to provide flexible financing solutions ranging from balance sheet to permanent mortgage loans. The 12 properties that are being refinanced with this facility are... Read More »

NHI/Bickford continuing to grow

by | Mar 31, 2015 6:44 pm | Developments

As many of you may know, National Health Investors and Bickford Senior Living are in the middle of their joint venture to build 36 assisted living/memory care communities in eight states. The joint venture is mostly funded with borrowings on NHI’s unsecured bank credit facility, but KeyBank National Association recently announced that it secured $78 million in Fannie Mae financing for 13 of the joint venture’s properties, consisting of interest-only payments at 3.79% and a 10-year maturity. The proceeds of the loan will go towards reducing borrowings on NHI’s credit facility. Read More »