• 60 Seconds with Swett: Getting Realistic with New Development

    by | Sep 16, 2025 3:42 pm | 60 Seconds

    The positive mood at the NIC Fall Conference was contagious, as dealmakers were looking forward to a potential record-breaking fourth quarter. We at LevinPro are also gearing up to cover a new elevated level of M&A activity and pricing in the coming months, with our updated valuation tool better accounting for today’s market and the estimated... Read More »

  • NHC Responds to NHI

    by | Sep 16, 2025 3:39 pm | Uncategorized

    National Healthcare Corporation, the tenant of 32 of National Health Investor’s skilled nursing/senior care facilities and three independent living communities, is disputing NHI’s determination of default after the landlord formally notified the operator that it was in default and must cure the default within 30 days to avoid an Event of... Read More »

  • REIT Acquires High-Quality Continuum of Care Community

    by | Sep 16, 2025 3:35 pm | Acquisitions

    Blueprint facilitated the sale of a Class-A seniors housing community in Jasper, Georgia. Built in 2022, The Lodge at Stephens Lake includes 83 units of independent living cottages, assisted living and memory care. It is adjacent to a large active adult development and benefits from significant planned residential and commercial growth. At the... Read More »

  • Legend Senior Living Adds Allentown-Area Asset

    by | Sep 16, 2025 3:33 pm | Acquisitions

    A Class-A, well performing property outside of Allentown, Pennsylvania, traded to a joint venture between Legend Senior Living and a new capital partner. Legend previously operated The Vero at Bethlehem, which opened in July 2023 and stabilized within 18 months. At the time of marketing, the 124-unit assisted living/memory care asset achieved... Read More »

  • CFG’s Senior Care Financing Activity

    by | Sep 16, 2025 3:32 pm | Financings

    Capital Funding Group financed more than $86 million across six transactions from early to mid-August. The transactions supported two memory care communities, four skilled nursing facilities, and one psychiatric hospital in Missouri, California, Tennessee, Texas and Virginia on behalf of nationally recognized borrowers, one of which is a... Read More »

Holiday people on the move

by | Jan 7, 2016 9:06 pm | Opinion

The HR department at Holiday Retirement must be pretty busy of late, with several key leadership changes to start the year. First, there was the announced departure of Kai Hsiao as CEO for personal health reasons, although Mr. Hsiao will stay involved as vice chairman of the company. Then, Holiday hired Lilly Donohue, who had spent the last four and a half years establishing a senior living business in Shanghai, China, as the new CEO. And finally, Shamim Wu, former Director of Sales at Holiday, left to become President and Chief Operating Officer of Silverado Senior Living, where she will bring together the company’s marketing, sales and operations under her management. Good luck to all in... Read More »

Arbor enters the seniors housing bridge lending game

by | Jun 17, 2015 8:50 am | Financings

With decades of experience in providing bridge loans for multifamily and commercial properties, Arbor Commercial Mortgage recently closed on its first bridge loan in the seniors housing industry, from its Arbor Realty Trust’s bridge loan product line. Jeff Ringwald of Arbor originated the $5.55 million bridge acquisition loan, which featured a three-year term and a floating rate spread 500 to 600 basis points over LIBOR, for Fields Senior Living to purchase an 88-unit independent living community in Medford, Oregon. The community was built in 1984 by Holiday Retirement Corporation and was owned and operated by the original financier for the project. Occupancy had dropped from near... Read More »

Another Holiday portfolio sells to a REIT

by | Apr 15, 2015 7:50 pm | Acquisitions

So goes another large portfolio of Holiday Retirement properties, with NorthStar Realty Finance’s acquisition of 32 independent living communities from affiliates of Harvest Facility Holdings, itself an affiliate of Holiday. The acquisition marks another step towards Holiday’s owner Fortress Investment Group’s goal of transforming Holiday into an operating company. In fact, since October 2013, Holiday has sold over 200 properties totaling about $5.1 billion. In that time, nearly all of those assets were sold to REITs, such as New Senior Investment Group, Sabra Health Care REIT, National Health Investors and Ventas, and that is no different in the most-recent transaction. NorthStar Realty... Read More »