• Healthcare REIT Divests SNF to In-Place Operating Partner

    by | Apr 17, 2026 4:05 pm | Acquisitions

    Senior Living Investment Brokerage returned to West Des Moines, Iowa, to sell a skilled nursing facility that it had previously sold in 2019. A healthcare REIT was the buyer back then and is now selling the facility to its in-place regional operating partner. Built in 2004, Arbor Springs features 56 beds on an attractive four-acre campus about 10... Read More »

  • Near-Stabilized AL/MC Community Lands Refinance

    by | Apr 17, 2026 12:18 pm | Financings

    Carnegie Capital closed a bridge refinance for a 50-unit assisted living/memory care community in the Houston, Texas MSA. Four years ago, the property was bought by a California-based operator with a growing footprint in Texas. Performance was approximately two to three months from stabilization, but with the acquisition loan maturity looming, a... Read More »

  • Record-Setting HUD Express Lane Application to Commitment

    by | Apr 17, 2026 12:15 pm | Financings

    Cambridge Realty Capital provided a $6.15 million loan to refinance Avalon Memory Care Keller, a 50-bed stand-alone memory care community in Keller, Texas (Dallas-Fort Worth MSA). The fully amortized, 35-year HUD loan was provided for the owner, a Texas limited liability company, that wished to recast bank debt into a long-term non-recourse... Read More »

  • Large Healthcare Owner Receives Financing

    by | Apr 17, 2026 12:14 pm | Financings

    An owner of more than 80 healthcare properties spanning nine states secured bridge and working capital financing for its skilled nursing portfolio in Washington. The financing includes a $40 million bridge loan and a $6 million working capital line of credit, with a 36-month initial term. MONTICELLOAM provided the funding. Read More »

  • Out-of-State Owner Divests to Investor

    by | Apr 16, 2026 3:07 pm | Acquisitions

    A couple of assisted living and memory care communities in Eastern Tennessee recently traded hands. The two properties comprise more than 100 units. A Chicago-based investor aligned with the seller’s long-term vision for the communities acquired the assets, and partnered with a regional operator that was looking to grow their presence in the... 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 »