• NHP Sets Sights on Seniors Housing

    by | May 15, 2026 8:12 am | Acquisitions

    National Healthcare Properties drew attention when it decided to debut on the public markets, and it made its private pay seniors housing ambitions clear with its recent agreement to divest a large outpatient medical facility (OMF) portfolio. The 86-facility portfolio will be sold for $528.2 million, including $278 million of secured debt to be... Read More »

  • Selectis Health Divests SNFs to Journey

    by | May 14, 2026 3:26 pm | Acquisitions

    In January, Selectis Health, Inc. completed the sale of two skilled nursing facilities in Georgia, including 71-bed Providence of Sparta Health & Rehab and 110-bed Warrenton Health & Rehabilitation. The assets sit less than 30 miles apart in Sparta and Warrenton, respectively. The buildings were initially constructed in the 1960s but were... Read More »

  • PE Group Divests to Regional Owner/Operator

    by | May 14, 2026 3:26 pm | Acquisitions

    An East Coast-based private equity group divested two seniors housing communities in Mississippi to a regional owner/operator pursuing expansion across the state. The communities total 108 assisted living and memory care units and offer operational synergies, given their close proximity in Oxford and Southaven. The communities were purpose-built... Read More »

  • T7 Capital Closes Array of Financings

    by | May 14, 2026 3:25 pm | Financings

    Founded in 2025 by Ari Adlerstein and Josh Simpson, T7 Capital announced more than $320 million in recent financings closed across multiple transactions on behalf of healthcare operators and sponsors across the country. They included a combination of refinancings, acquisition loans and working capital facilities for both skilled nursing and... Read More »

  • Two Western Closings from The Zett Group

    by | May 14, 2026 3:23 pm | Acquisitions

    The Zett Group closed a couple of seniors housing sales in the western United States. One deal was in the Reno, Nevada MSA, and featured a 65-unit assisted living/memory care community owned by a regional operator. The community boasted high occupancy and strong revenue, but there was room for improvement on the expense side. A local... Read More »
Jacksonville Community Refinances

Jacksonville Community Refinances

by | Jan 28, 2022 4:23 pm | Financings

Grandbridge Real Estate Capital arranged $19.5 million in financing for Starling at San Jose, a seniors housing community in Jacksonville. The transaction retired a bridge loan with Grandbridge’s parent company, Truist Bank. Built in 2017, the community features 66 assisted living and 24 memory care units. It was developed by Starling, with Choate Construction serving as the contractor. No other details about the property were disclosed. Richard Thomas and the Grandbridge’s Atlanta-based Seniors Housing and Healthcare Finance team arranged the financing.  Read More »
Convivial Life Acquires Beachside AL/MC Community

Convivial Life Acquires Beachside AL/MC Community

by | Jan 27, 2022 3:46 pm | Acquisitions

Grandbridge Real Estate Capital has arranged the sale of The Cabana at Jensen Dunes, a 126-unit assisted living and memory care community in Jensen Beach, Florida to Florida-based not-for-profit Convival Life. Opened in August 2016, the beachside community had 85% occupancy at the time of sale. Convival also purchased an adjacent 11.35-acre development parcel entitled for more than 210 independent living units. The combined purchase price was $32.5 million.  The seller, One HC–Jensen Beach LLC, is an investment group who utilized the 142d bond program, along with EB5 financing, to develop the project. Performance through the COVID-19 pandemic was steady, and the community saw some... Read More »
Grandbridge Sells Portfolio

Grandbridge Sells Portfolio

by | Nov 12, 2021 10:04 am | Acquisitions

Grandbridge Real Estate Capital’s seniors housing sales team in the Tampa office closed on a portfolio of three newly-constructed senior living communities, known as the Woodland Terrace portfolio. The properties offer independent living, assisted living and memory care services in the Indianapolis, Indiana market area. They were developed, owned and operated by The Justus Companies, which is a well-established multifamily and residential building family business in the local market that has been in business for 100 years. The buyer a partnership between a “national investor” and Purpose First Partners, a venture between New Perspective Senior Living and Boldt... Read More »
Grandbridge Arranges Loan for Wisconsin Community

Grandbridge Arranges Loan for Wisconsin Community

by | Sep 24, 2021 4:21 pm | Financings

Grandbridge Real Estate Capital LLC’s Artin Anvar recently arranged a $12.6 million HUD loan for a 100-unit, 146-bed seniors housing community in Menasha, Wisconsin. The three-building campus received a permanent, fully-amortizing loan through HUD’s Interest Rate Reduction (IRR) loan program, featuring a 26.3-year term and amortization period, and a fixed interest rate of 3.2%. Proceeds of the loan will be used to pay off an existing Grandbridge HUD loan. The borrower and name of the facility were not disclosed. Read More »
Grandbridge Secures Rate Reduction Transactions

Grandbridge Secures Rate Reduction Transactions

by | May 10, 2021 9:34 am | Financings

The team at Grandbridge Real Estate Capital arranged three interest rate reduction (IRR) modifications through HUD, with Artin Anvar leading the way on the deals. The largest transaction featured a $9.2 million loan secured by a 108-unit affordable senior apartment community in Gaithersburg, Maryland. Reno & Cavanaugh arranged the original $9.94 million HUD loan.  The other two transactions came in under $1 million, with a $985,000 loan secured by a 35-unit assisted living community in Seattle and a $956,000 loan secured by a 54-unit memory care community also in Seattle. Both loans featured 20-year terms and 20-year amortization schedules.  Read More »