• Brookdale Occupancy Stalls

    by | Dec 9, 2025 3:28 pm | Uncategorized

    Brookdale Senior Living released its November occupancy results, and its census growth has stalled this Fall. In its consolidated portfolio, weighted average occupancy fell by 10 basis points from 82.6% in October to 82.5% in November, while month-end occupancy dropped more significantly from 83.7% to 83.4%. Same-community results were not... Read More »

  • Well-Performing Facility Sells for Strong Price

    by | Dec 9, 2025 3:27 pm | Acquisitions

    A rare skilled nursing and behavioral health facility in Tucson, Arizona, sold for a strong price to a partnership between a regional healthcare equity investor and a national skilled nursing operator. Featuring more than 140 beds, the facility is licensed by the state for both medical and behavioral health services, being the only SNF in the... Read More »

  • AL Community with Attached SNF Trades

    by | Dec 9, 2025 3:26 pm | Acquisitions

    An assisted living community with an attached, vacant 65-bed skilled nursing facility in Faribault, Minnesota, sold with the help of Ray Giannini of Marcus & Millichap. Built in 1998, Pleasant View Estates features 36 units and a 75% elderly waiver census. The community was well-occupied and operated at a strong margin. It was previously... Read More »

  • Regional Bank Funds Dallas Development

    by | Dec 9, 2025 3:25 pm | Developments, Financings

    Construction projects, although rare, can still get done these days. Tremper Capital Group successfully secured an $84 million non-recourse loan from a regional bank to fund a development in the Dallas, Texas MSA. The 164-unit independent living, assisted living and memory care project is being built by Harbert South Bay Partners in the... Read More »

  • UMRH Expands Two CCRCs in North Carolina

    by | Dec 9, 2025 3:24 pm | Financings

    Ziegler closed The United Methodist Retirement Homes’ (UMRH) $92.125 million Series 2025A, 2025B and 2025C bonds. UMRH is a North Carolina-based not-for-profit corporation that owns and operates three CCRCs in North Carolina: Croasdaile Village Retirement Community in Durham, Wesley Pines Retirement Community in Lumberton, and Cypress Glen... Read More »
Lancaster Pollard Refinances Oregon Memory Care Community

Lancaster Pollard Refinances Oregon Memory Care Community

by | Jan 27, 2020 9:02 am | Financings

Giza Development successfully refinanced its new 45-unit/bed memory care community in McMinnville, Oregon (45 miles south of Portland), with the help of Ross Holland of Lancaster Pollard. Managed by Senior Development Resources, the community is located across the street from McMinnville’s full-service hospital and between two medical office parks. Sounds pretty ideal. It was initially refinanced with a bridge loan provided by OREC Structured Finance Co., which allowed Giza to buy out investors in the property and refinance construction debt. It was also immediately eligible for a permanent refinance. So, Lancaster Pollard secured a $4.9 million loan though HUD with a favorable, long-term... Read More »

Love Funding Fuels Senior Living Construction Project

by | Mar 14, 2017 7:02 pm | Developments, Financings

James Vanar of Love Funding arranged a $6.8 million bridge loan for a new assisted living/memory care development in South Jordan, Utah. Giza Development leads the team, including Stout Construction and Primera Group, developing the 62-bed community, which will be operated by SAL Management Group. Midland States Bank, the parent company of Love, provided what is now the second loan for Giza (the first was for a development in Ogden, Utah in 2016). Since its launch in May 2015, Love Funding’s bridge lending platform has financed more than $153 million in closings and has another $220 million in loans in the pipeline. That should make for a busy 2017. Read More »

Bridge with Love

by | Jul 13, 2016 8:31 am | Developments, Financings

A new 62-bed assisted living/memory care community is being developed in Ogden, Utah with the help of a $6.63 million bridge construction loan arranged by James Vanar of Love Funding. The loan, which was provided by Love’s parent company Midland States Bank, is expected to be taken out in three years by a HUD refinance. It also allows the developer, Utah-based Giza Development, to start the project sooner and begin accepting residents. Since introducing the bridge loan program in May 2015, Love has already financed over $65 million in bridge loans, not including $300 million of loans in its pipeline. Read More »