• REIT Acquires Two Class-A Assets

    by | Oct 21, 2025 2:51 pm | Acquisitions

    The team at Newmark handled the sale of two Class-A seniors housing assets in Arkansas and Texas. The Rogers community in Northwest Arkansas was built in 2023 with 221 total units, comprising 26 cottages, 109 independent living units, 56 assisted living units and 30 memory care units. The Burleson, Texas, community also opened in 2023 and... Read More »

  • Blueprint Closes Inaugural North Dakota Deal

    by | Oct 21, 2025 2:49 pm | Acquisitions

    Ryan Kelly, Steve Thomes, Connor Doherty and Kory Buzin of Blueprint arranged the sale of a 75-bed skilled nursing facility in central North Dakota. At the time of marketing, the facility was generating positive cash flow despite operating at only 50% occupancy, highlighting a compelling opportunity for an incoming operator to drive census growth... Read More »

  • Regional Bank Provides Refinancing

    by | Oct 21, 2025 2:48 pm | Financings

    Grace Hill Capital served as exclusive financial advisor and placement agent on a refinance for a seniors housing community in Fountain Inn, South Carolina. A regional operator/borrower received the $10.33 million five-year loan with a fixed rate and one year of interest only. It was structured as a delayed draw term facility at 70%... Read More »

  • Walker & Dunlop Arranges Construction Funding

    by | Oct 21, 2025 2:46 pm | Developments, Financings

    Walker & Dunlop, Inc. arranged $40.52 million in debt and equity for the construction of The Highlands, a 137-unit affordable development for seniors in Hyattsville, Maryland. PJ McDevitt, managing director of W&D Affordable Debt, arranged the debt, and Macy Kisilinsky, senior managing director of W&D Affordable Equity, arranged the... Read More »

  • Class-A Communities Secure Bridge Financing

    by | Oct 21, 2025 2:45 pm | Financings

    BWE arranged a $52 million bridge loan for a portfolio of Class-A independent living, assisted living and memory care communities located across the Atlanta, Georgia, and Philadelphia, Pennsylvania, metropolitan areas. Ryan Stoll, National Director of Seniors Housing and Care at BWE, and Taylor Mokris, Senior Vice President of Seniors Housing and... Read More »

Financing for the “new-normal”

by | Jul 24, 2015 8:32 am | Financings

A health complex in West Hartford that had never fully recovered from the losses in reimbursements and operating income incurred during the Great Recession, and from larger healthcare systems in the area, was faced with a dilemma: how do you deal with this “new normal” of operating and reimbursement parameters while still servicing its debt? Hebrew Home and Hospital, Inc. (HHH) is the not-for-profit owner of a 367-bed health campus in West Hartford, Connecticut, which features 277 skilled nursing beds, 45 beds providing hospital-level services, a 22-bed behavioral health unit and a 23-bed complex medical unit. Originally built in 1987, the project was financed with a HUD loan funded with... Read More »

HJ Sims executes $22.5 million refinance

by | Jul 15, 2015 8:31 am | Financings

A CCRC in Annapolis, Maryland with a securitized $17 million mortgage that did not allow a prepayment (current balance was down to $15 million) secured a bank refinance with the help of HJ Sims. The CCRC already had a history with HJ Sims, having received a $48 million construction loan and $8.4 million of development capital from them in 2001 and the $17 million mortgage in 2005. Because this mortgage was due on January 1, 2016, the CCRC had to defease the existing mortgage by escrowing all future principal and interest payments, thereby creating negative arbitrage. Plus, the CCRC had been servicing an outstanding subordinate loan from the original developers ($300,000 of which was... Read More »

New “household” SNF under construction in Connecticut

by | Feb 4, 2015 9:32 pm | Developments

A not-for-profit provider of long-term care in southern Connecticut, Jewish Senior Services (JSS) is planning on moving its 360-bed skilled nursing facility in Fairfield, Connecticut across the city line to Bridgeport where the company is building a new senior care campus, to be called Harry and Jeanette Weinberg Campus at Park Avenue. In Connecticut, you cannot move skilled nursing beds unless they are in the new “household” format, where you have groups of 14 private rooms in an area that all share a kitchen and other common areas (known also around the country as Green House Communities). Plus, the new SNFs can only have a maximum of 280 beds. So, in April 2014, JSS broke ground on a... Read More »