• Brookdale Boosts Short Term Stability

    by | Jan 9, 2026 3:21 pm | Financings

    Brookdale Senior Living completed a series of financing transactions totaling approximately $600 million that refinanced all of its remaining 2026 mortgage debt and maturities, around $350 million, and a portion of 2027 mortgage debt maturities, approximately $200 million. The company also secured more fixed-rate debt, helping to cut rate risk.... Read More »

  • Ikaria Announces $1 Billion in Q4 Volume

    by | Jan 9, 2026 3:19 pm | Financings

    Ikaria Capital Group closed out a successful 2025, announcing several significant transactions in the fourth quarter that exceeded $1 billion in volume. The activity comprises financings in the seniors housing, skilled nursing and behavioral health sectors across multiple states and borrowers.  The largest deal was a $595.5 million senior... Read More »

  • PE Group Enters Oklahoma after Medicaid Rate Bump

    by | Jan 9, 2026 3:16 pm | Acquisitions

    A skilled nursing facility in Oklahoma that recently benefited from the state’s Medicaid rate bump sold to a national private equity firm looking to enter the state. Built in 1967, Maplewood Care Center features 180 beds on over three acres in Tulsa. It is located close to several major hospitals and healthcare campuses, but occupancy was sitting... Read More »

  • Community Purchased through HUD Assumption

    by | Jan 9, 2026 3:15 pm | Acquisitions

    Chad Mundy of the Knapp-Stahler Group of Marcus & Millichap sold an 82-unit assisted living/memory care community in Lewiston, Idaho. Built in phases in the early 2000s, the community featured five separate buildings, one of which was vacant after sustaining damage from a flood. As a result, occupancy was lower, based on the 89 licensed beds,... Read More »

  • The Zett Group Rounds Out Q4

    by | Jan 9, 2026 3:13 pm | Acquisitions

    The Zett Group closed out Q4 with several closings in the Pacific Northwest. First was the sale of Fox Hollow, a 58-unit seniors housing community in Eugene, Oregon. Built in 1988 and renovated in 2003, the community features 51 assisted living units and seven independent living “cottage-style” units. Set in a nice area of Eugene, it was owned by... Read More »

2016 HUD Rankings

by | Nov 8, 2016 6:39 pm | Financings

We reported a few weeks ago that Lancaster Pollard was the most active HUD 232 LEAN lender with 60 transactions with a total value of $554.4 million, but KeyBank was close behind at 54 loans worth $521.8 million. In third place was Housing & Healthcare Finance with 28 deals and $355.9 million. HHC also closed the largest loan of the fiscal year, an $80.7 million loan on a 520-bed skilled nursing facility in New York. Berkadia Commercial Mortgage came next with 26 deals worth $180.5 million and Capital Funding followed them with 21 financings worth $261.0 million, including the second-largest closing of the year: a $43.4 million loan for a 314-bed skilled nursing facility in New York.... Read More »

HHC’s bridge to success

by | Nov 3, 2016 8:25 pm | Financings

Since its launch in the Fall of 2015, Housing & Healthcare Finance’s (HHC) bridge lending program has brought in a lot of business so far in the last year, with the lender brokering 13 transactions and over $250 million in loan volume. Included in those closings were mostly skilled nursing facilities, except for a 183-unit CCRC in Cincinnati, Ohio, a SNF/assisted living community in Sacramento, and a SNF/ALF portfolio in Arkansas. The largest transaction totaled $60 million, while the smallest was approximately $4.2 million. Apart from brokering these transactions, HHC also provides bridge loans through its partner, Congressional Bank. The program is led by Isaac Haas and Neil Gamss,... Read More »
HHC Finance works in Yonkers

HHC Finance works in Yonkers

by | Oct 12, 2016 8:31 am | Financings

The team at Housing & Healthcare Finance (HHC) went through HUD to successfully refinance an independent living/assisted living community in Yonkers, New York. Located on 10 acres in a park-like setting, the community was recently renovated/upgraded in 2010. It also is the only provider in the area with the Medicaid Assisted Living Program. Occupancy at the 195-bed property has always been close to full. Working through a PILOT issue with HUD and the local municipality, HHC was able to close a $27 million refinance with an interest rate below 3%. Read More »

September’s top HUD lender

by | Oct 5, 2016 1:10 pm | Financings

Our top HUD lender of the month was Housing & Healthcare Finance (HHC Finance), with over $120 million of closings in September alone. Included in that total were five 232/223(f) refinances: a $27 million loan for a 195-unit assisted living community in Yonkers, New York, $33 million to refinance a 332-bed skilled nursing facility in Philadelphia, a $6 million loan for a 120-bed skilled nursing facility in New Jersey (New York City MSA), $3.8 million for an 84-bed skilled nursing facility in South Carolina and a $6.2 million refinance of a 67-bed skilled nursing facility in central New Jersey. In addition, HHC Finance closed $46 million of rate modifications for two existing... Read More »

Back to HUD

by | Feb 3, 2016 8:31 am | Financings

Just weeks after closing HUD’s largest ever SNF loan (an $80.7 million loan to refinance the existing conventional bank debt at a 520-bed skilled nursing facility in Manhattan, New York), Housing & Healthcare Finance was at it again, closing on a portfolio of 5 HUD loans totaling $68.5 million in January. The loans, which featured 30-year terms and fixed rates in the mid-3% range, were used to finance the acquisition of 5 skilled nursing facilities in New Jersey with a total of 703 beds in 345 units. Read More »