• Sabra Health Care REIT Picks Up the Transaction Pace

    Sabra Health Care REIT is ramping up its senior care M&A activity and its SHOP exposure, set to exceed the $1 billion in investments it spent in 2025. The REIT completed several transactions during the first quarter, with investments closed year to date totaling $206.1 million, with an estimated initial cash yield of 8.0%. The pipeline... Read More »
  • Clarion Partners Continues Growing

    Clarion Partners is continuing on its acquisition streak, adding Legacy House of Avondale to its portfolio. The 169-unit Class-A assisted living/memory care community is in the Phoenix, Arizona MSA, with a strong operational footing. Clarion Partners further expanded its relationship with MorningStar Senior Living through the deal, partnering... Read More »
  • Blueprint Handles Virginia Deal

    A publicly traded company engaged Blueprint to sell a value-add independent living community in a growing submarket of Richmond, Virginia. Built in 1987, the 122-unit community could benefit from investments in the physical plant. It was also not stabilized.  A competitive market generated multiple bids in multiple rounds and improved... Read More »
  • Public REIT Acquires Full-Continuum Communities

    A pair of full-continuum seniors housing communities that sit approximately 10 miles apart traded in Northwest Arkansas. Village on the Park Bentonville in Bentonville and Village on the Park Rogers in Rogers offer a total of 208 independent living, assisted living and memory care units. Each community also offers contiguous land for further... Read More »
  • VIUM Capital Leads HUD LEAN Mid-Year Rankings

    HUD’s fiscal year 2026 hit the halfway point on March 31, and so far VIUM Capital is leading the way in closed 232 loans and by total loan volume with 41 transactions and $598.0 million in volume, respectively. That represents 22% of the program’s closed loans in the first half of the fiscal year and 19% of the total volume. And 32 of VIUM’s HUD... Read More »
Greystone Closes Largest Healthcare CLO

Greystone Closes Largest Healthcare CLO

Greystone is having a productive final month of the year, closing a couple of transactions, including the largest-ever healthcare Collateralized Loan Obligation (CLO), Greystone CRE Notes 2021-HC2, Ltd., comprising Greystone bridge loans secured on healthcare properties. The $450 million offering marks the fifth commercial real estate CLO closed by Greystone and the second-ever comprised solely of healthcare assets. Greystone had also closed the second-largest healthcare CLO, a $300 million offering in 2018.  This latest collateral pool comprises 25 whole loans and three participations totaling $403 million that Greystone originated, secured by mortgages on 28 properties in... Read More »
Greystone Arranges Financing for Atlanta Community

Greystone Arranges Financing for Atlanta Community

Greystone arranged financing for a 193-unit seniors housing complex in Atlanta owned by Harbert Seniors Housing Fund I LP. Matt Miller of Greystone’s Senior Housing Capital Markets Team handled the transaction, which did not disclose loan amounts. However, a large regional bank provided the funds, which include a three-year term. The property, managed by an experienced regional operator, includes independent living, assisted living and memory care units across two construction phases, the second of which was completed in late 2020.  Read More »
Greystone Arranges Financing for Atlanta Community

Greystone Provides Refinancing For Atlanta Community

Greystone’s Senior Housing Capital Markets Team has provided refinancing for a 193-unit seniors housing community in Atlanta, Georgia. Matt Miller led the team, providing the financing on behalf of Harbert Seniors Housing Fund I, L.P. The transaction was closed with a large regional bank and has a three-year term.  The property, managed by an experienced regional operator, includes independent living, assisted living, and memory care units across two construction phases, the second of which was completed in late 2020. This community offers a range of independent living unit configurations, and features a heated pool, walking gardens, fitness center, salon & spa, library, theater,... Read More »
Greystone Arranges Financing for Texas Community

Greystone Arranges Financing for Texas Community

Greystone’s Tyler Armstrong originated a $28.3 million loan to refinance a 96-unit seniors housing community in North Richland Hills, Texas owned by StoneCreek Real Estate Partners. The Freddie Mac Optigo non-recourse financing has a 10-year term, 30-year amortization schedule and five-year interest-only period. With it, StoneCreek will take out a $15.6 million construction loan provided by Origin Bank in 2017. Built in 2019 and operated by Civitas Senior Living, StoneCreek of North Richland Hills provides independent living, assisted living and memory care units across its five-acre property. Despite opening just a couple of years ago, it already boasts an occupancy of 98%. Units range... Read More »
Greystone Secures Construction Financing For Missouri Project

Greystone Secures Construction Financing For Missouri Project

Greystone’s Matt Miller and Tyler Armstrong secured a $35.9 million construction loan on behalf of a joint venture between Shelbourne Healthcare and Cedarhurst for the new development of Shelbourne at Chesterfield in Chesterfield, Missouri. The 8.2-acre lot was acquired by Shelbourne Healthcare in 2018 for $4.4 million. The 150-unit senior housing development will contain 96 independent living units, 37 assisted living units and 17 memory care units. There will be studio, one- and two- bedroom options. The Greystone Senior Housing Capital Markets team facilitated the financing, which includes a five-year loan funded by a large regional bank. Moseley Architects is designing the... Read More »