• 60 Seconds with Swett: Here We Go Again

    by | May 20, 2026 8:33 am | 60 Seconds, Opinion

    AARP just published a report on assisted living, and all I can say is, here we go again. It concludes that “the state of assisted living today is cause for concern for many stakeholders. The lack of national federal standards for care centers creates an underregulated space.” It continues on, stating that the “absence of national oversight,... Read More »

  • Two Seniors Housing Sales Close

    by | May 20, 2026 8:29 am | Acquisitions

    Senior Living Investment Brokerage is continuing on its hot streak this month, closing two additional deals in Alabama and Florida. In the Alabama transaction, Dan Geraghty and Brad Clousing represented a large national owner/operator that was resizing its portfolio to concentrate on its core market. So, the company divested an assisted... Read More »

  • Selectis Health Exits Georgia

    by | May 20, 2026 8:27 am | Acquisitions

    Selectis Health, Inc. has completed its exit from Georgia with the help of Michael Segal and Daniel Waldhorn of Blueprint. In the beginning of the year, Selectis Health divested Providence of Sparta Health and Rehab and Warrenton Health and Rehab to Journey, also with the help of Segal and Waldhorn (more on that deal can be found here). The... Read More »

  • Joint Venture Divests Third Class-A Asset

    by | May 20, 2026 8:25 am | Acquisitions

    Caddis Partners and Singerman Real Estate have divested another seniors housing community, Heartis Fayetteville. This comes shortly after the joint venture’s sale of Heartis Venice and Heartis Longview. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia Seniors Housing & Healthcare represented the seller in all three... Read More »

  • Bonds Issued for Independent Living Expansion

    by | May 20, 2026 8:24 am | Developments, Financings

    Ziegler closed John Knox Village’s $47.85 million Series 2026A, B-1, B-2 and B-3 bonds issued through the City of Lee’s Summit, Missouri. John Knox Village (JKV), a Missouri not-for-profit corporation, is a CCRC consisting of 1,038 independent living units, 180 assisted living units and 121 skilled nursing beds. This transaction marks JKV’s... 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 »