• Evans Arranges New SNF Lease

    by | Jan 16, 2026 2:37 pm | Acquisitions

    Evans Senior Investments arranged a new lease for a skilled nursing facility in Denver, Colorado, securing a 293% increase in rent on a per-bed, per-month basis in the process. At the time of marketing, the facility was 62% occupied with minimal Medicare Part A referrals. However, the 1960s-built facility has 16 private units and is proximate to... Read More »

  • Cross River Bank Closes Large Acquisition Loan

    by | Jan 16, 2026 2:35 pm | Acquisitions, Financings

    Cross River Bank recently closed a large acquisition loan for a portfolio of seven skilled nursing facilities and one assisted living community in Georgia, Tennessee and Missouri. Raina Yoo was the Loan Officer on the transaction. The portfolio features a total of 1,339 licensed beds, and occupancy stood at 88%, overall.  Read More »

  • Local Operator Closes Lease-to-Purchase Deal

    by | Jan 16, 2026 2:34 pm | Acquisitions

    A skilled nursing facility in Mississippi faced a time-sensitive CHOW with frozen Medicaid rates under appeal after the outgoing operator was planning to leave before the ownership transfer occurred, posing meaningful risk to the facility’s financial performance and operational continuity. The facility was older and around 50% occupied at the... Read More »

  • Mainstay Senior Living Grows in Georgia

    by | Jan 16, 2026 2:31 pm | Acquisitions

    Mainstay Senior Living acquired two seniors housing communities in Savannah, Georgia. The properties are located about five miles apart from each other. Grace Manor Savannah was built in 1997, while Habersham Manor was built in the late-1980s. They feature a total of 143 assisted living and memory care units. Florida-based Mainstay now has 46... Read More »

  • Private Equity Firm Divests Portfolio to Chicago Investor

    by | Jan 15, 2026 4:06 pm | Acquisitions

    Trinity Investors, a Texas-based private equity firm, sold a 224-unit portfolio of three seniors housing communities in Alabama that it acquired in tranches between 2022 and 2023 with a regional owner/operator. After the portfolio stabilized and capital was injected into the communities, Trinity recapitalized the venture in March 2025 with... Read More »
The HUD Doors Are Still Open

The HUD Doors Are Still Open

by | Mar 23, 2020 8:51 am | Financings

One thing to come out of the coronavirus crisis (among many things) has been record-low interest rates, with the 10-year Treasury yield falling as low as 0.318% on March 9 and the federal funds rate being cut to 0-0.25%. It has been in the federal government’s interest to maintain liquidity in the market, as much as possible, so how has that policy affected HUD lending in the senior care industry? We asked Michael Gehl of Housing & Healthcare Finance a few questions, and here are his answers:  1) First question is, is HUD still doing business?  Yes, HUD is still doing business, as you can imagine a number of people are working from home, which does create its challenges not... Read More »
HHC Finance’s Bridge Lending Program Takes Off

HHC Finance’s Bridge Lending Program Takes Off

by | Nov 7, 2018 7:00 am | Financings

Housing and Healthcare Finance’s (HHC Finance) Capital Advisory Group closed an impressive number of bridge loans lately, totaling $185 million across 12 transactions in the last several months. The team, led by Isaac Haas and Neil Gamss, spread out across the country to get the deals done in North Carolina, California, Ohio, Pennsylvania, Maryland, Florida, New York and Alabama. The largest transaction involved a two-skilled nursing facility portfolio in California receiving a $50 million loan. HHC Finance’s Elan Magence joined Messrs. Haas and Gamss to arrange the transaction. On top of that busy period of bridge lending, HHC Finance closed an $11 million HUD refinance of a 100-bed... Read More »
Austin-Area Assisted Living Gets HUD Financing

Austin-Area Assisted Living Gets HUD Financing

by | Jun 5, 2018 4:08 pm | Financings

An experienced ownership group went through Housing and Healthcare Finance (HHC Finance) to refinance its conventional debt on its 32-unit assisted living/memory care community in Kyle, Texas. Located about 15 miles south of Austin, the community was built in 2014 (around when development was especially heating up in certain markets in Texas) and currently operates at occupancy in the mid-90s. It had in-place, higher rate and shorter term conventional and subordinated debt but was able to replace it with a $4.86 million HUD loan, arranged by HHC Finance.  Read More »
HHC Finance’s Capital Advisory Group Hits $1 Billion

HHC Finance’s Capital Advisory Group Hits $1 Billion

by | May 23, 2018 7:00 am | Financings

Housing and Healthcare Finance’s (HHC Finance) Capital Advisory Group just crossed the $1 billion mark in loans closed since its inception a little over two years ago. Pushing the group over the edge were a couple of bridge loans arranged by Isaac Haas and Neil Gamss. The pair first structured a $12.2 million loan for two assisted living communities in Michigan, and then arranged a $6.0 million loan for a skilled nursing facility in Kentucky. The financings came with relatively low leverages and were arranged on behalf of a couple of experienced borrowers. Read More »
HHC Finance Firing on All Cylinders

HHC Finance Firing on All Cylinders

by | Mar 3, 2017 8:31 am | Financings

Housing and Healthcare Finance (HHC Finance) was busy in February, closing three HUD transactions for nearly $43.7 million in business. First, in Nassau County, New York, a 218-bed/95-unit assisted living community obtained a $23 million loan with an interest rate in the low 3s. Built in 1960, the building had operated as a long-term psychiatric care facility until it was purchased by the current owner in 2001. Over the next three years, the owner, which has owned and/or operated several senior care facilities in the New York City area, invested $12 million in renovations and converted the property to a low-income assisted living community. Now with the current HUD refinance, the borrower... Read More »