• Tremper Capital Group Secures Multiple Financings

    by | Jun 12, 2025 2:27 pm | Financings

    Tremper Capital Group has hit a rich vein of activity, with four closings since the start of May and several more planned in June. The firm kicked things off with an agency refinance closed for a 133-unit seniors housing community in the Pacific Northwest. Opened in 2022, the community featured independent living, assisted living and memory care... Read More »

  • Canyon Partners Provides Refinance

    by | Jun 12, 2025 2:24 pm | Financings

    Canyon Partners Real Estate provided a $47 million senior loan to refinance American House Oak Park, a 174-unit seniors housing community in Chicago. Affiliates of AEW Capital Management and REDICO were the joint venture borrowers. Newmark arranged the financing. Located in the Oak Park neighborhood, the property comprises 74 independent living,... Read More »

  • CIBC Bank Funds Illinois Acquisition

    by | Jun 12, 2025 2:21 pm | Financings

    CIBC Bank USA provided a $3.4 million loan for the acquisition and capital improvements of an assisted living community in Illinois, along with a $1 million working capital revolving line of credit. The seller is exiting the industry, and the borrower sees significant room for improvement upon completion of renovations and adjustments to the... Read More »

  • Lument Announces Latest Activity

    by | Jun 12, 2025 2:19 pm | Financings

    Lument closed a $60 million Freddie Mac loan to refinance Park Terrace, a 180-unit assisted living/memory care community in Rancho Santa Margarita, California. Kisco Senior Living owns and operates the property, which was built in 2000 with extension renovations and additions from 2023 to 2025. Lument’s Chris Cain, managing director based in... Read More »

  • Wisconsin Communities Secure Bridge Financing

    by | Jun 12, 2025 2:17 pm | Financings

    MonticelloAM, along with a firm affiliate, closed $28 million in bridge financing for two seniors housing properties in Wisconsin. Karina Davydov originated the transaction through the firm’s bridge lending platform. The floating-rate senior bridge loan has a 24-month initial term with two extension options. The sponsor is an experienced Midwest... Read More »
Harborview At It Again

Harborview At It Again

by | Oct 31, 2017 8:00 pm | Financings

Harborview Capital Partners is back in the news, working on behalf of a Tennessee-based borrower to refinance its assisted living community in Putnam County, Tennessee. Avi Begun of Harborview originated a $6.34 million HUD loan, with a 35-year term, and took advantage of an early rate lock to generate savings for the community. Read More »
A Couple of Acquisition Loans From Harborview Capital Partners

A Couple of Acquisition Loans From Harborview Capital Partners

by | Jun 21, 2017 7:00 am | Financings

Harborview Capital Partners has been in the business of financing large acquisitions of senior care properties lately. Just last month, the firm arranged the sale and $37.4 million in HUD financing for a senior living portfolio in Arizona, and then days later, Harborview also sold a skilled nursing portfolio in Ohio and arranged a $20.7 million bridge loan to finance the deal. The team of Eli and Jonathan Kutner continued this impressive form in arranging a $20.71 million bridge loan to fund the acquisition of a skilled nursing facility in Westchester, New York (New York City MSA). The loan, provided by a national lender, featured a LIBOR-based rate and a three-year, interest-only term. In... Read More »
Another Bridge Loan Arranged By Harborview

Another Bridge Loan Arranged By Harborview

by | Mar 30, 2017 7:17 pm | Financings

Eli Kutner, Senior Originator at Harborview Capital Partners, recently arranged a $36.3 million bridge loan to finance the purchase of two skilled nursing facilities in Nashville, Tennessee. Including both a senior acquisition loan, capex loans and an A/R line of credit, the financing features 12 months of interest only and partial recourse at 85% loan-to-cost. Mr. Kutner also arranged a competitive LIBOR+235 interest rate for all the loans. Well done. Read More »

Harborview’s Good Work

by | Jan 20, 2017 8:31 am | Financings

Harborview Capital Partners brought in SunTrust Bank to help refinance a portfolio of 19 senior living communities, with 917 units, located in Kentucky and Tennessee. Consisting of independent living, assisted living and memory care units, the communities are owned by Goodworks Unlimited, which operates a portfolio of 25 properties in TN and KY. Avi Begun and David Nussbaum of Harborview arranged a $68.3 million loan provided by SunTrust, featuring a five-year term and LIBOR+155 interest rate. That should position Goodworks well for future growth and expansion projects. Harborview has been quite busy the last few months, closing over 10 HUD and bank financings since November.... Read More »