• Ensign Announces Eight Acquisitions

    by | May 2, 2024 4:19 pm | Acquisitions

    April showers apparently brought The Ensign Group acquisitions this May, as the publicly traded provider announced eight separate deals, including four where its captive REIT Standard Bearer Healthcare REIT acquired the real estate. Two of the deals in Kansas and Arizona were profiled here, with Senior Living Investment Brokerage handling the... Read More »

  • SLIB Handles Kansas and Arizona Deals

    by | May 2, 2024 4:17 pm | Acquisitions

    In The Ensign Group’s recent slew of acquisition announcements, it was revealed that the provider was the buyer in two transactions that were handled by Senior Living Investment Brokerage. First, Nick Cacciabando, Jeff Binder and Ryan Saul were engaged by a local owner in its divestment of its only senior care facility.   Hillside... Read More »

  • Newmark Announces Two Transactions

    by | May 2, 2024 4:12 pm | Acquisitions

    The team at Newmark announced a couple of closings, including the sale of an eight-property seniors housing portfolio located across the country. Dubbed Project Kandy, the portfolio features 1,024 total units of independent living, assisted living and memory care, with an average age of 14 years.  In addition, Newmark sold a seniors housing... Read More »

  • Fortress Investment Group Purchases in Arizona

    by | May 2, 2024 4:10 pm | Acquisitions, Financings

    Marcus & Millichap was engaged by a private, family office merchant builder in its divestment of a fully stabilized seniors housing community in Arizona. Built in 2019, Inspira at Arrowhead comprises 165 independent living, assisted living and memory care units in Glendale. Nick Stahler, Hamid Panahi and Steve Gebbing of Institutional... Read More »

  • CFG Secures Bridge Refinance for Ohio Portfolio

    by | May 2, 2024 4:08 pm | Financings

    Capital Funding Group announced the closing of a $65 million bridge loan to support the refinance of nine senior care facilities in Ohio. The portfolio includes one independent living community, one assisted living community, and seven skilled nursing facilities totaling 709 beds. The financing was closed on behalf of a nationally recognized... Read More »

HHC Finance continues HUD lending

by | Apr 1, 2015 8:04 pm | Financings

After it finished HUD’s FY2014 as the top HUD lender in the country, HHC Finance continued by facilitating HUD refinancing for a portfolio of three skilled nursing facilities in California, closing the three loans simultaneously. The borrower, an owner/operator of SNFs throughout the state of California, locked in 30-year fixed rates in the mid-3%s on each of the facilities, including a $27.5 million loan (for a 139-bed facility) and a $28.8 million loan (180 beds) for two facilities in Northern California. The third loan was $20.1 million for a 163-bed facility in Southern California. Across the facilities, all of which had a five-star rating, average occupancy was in the mid to low... Read More »