• Brookdale’s Uneven Recovery

    by | May 7, 2026 4:03 pm | Acquisitions

    Brookdale Senior Living has been going through some major changes in the last year, so naturally its recovery could be a little uneven, with the hope of more long-term growth and stability. They have a new CEO, COO and a new operational structure, in addition to exiting more than 100 communities in the last year. But the mixed bag of results can... Read More »

  • Two Public REITs Continue Their SHOP Push

    by | May 7, 2026 3:54 pm | Acquisitions

    Two public REITs honing in on the seniors housing sphere have announced their first quarter earnings results. LTC Properties reiterated its commitment to seniors housing again, and Janus Living, Healthpeak Properties’ spin-off REIT that debuted in the public markets in March, is already showing momentum. First, after completing seniors housing... Read More »

  • Tennessee Assisted Living Community Sells

    by | May 7, 2026 3:52 pm | Acquisitions

    Andrew Montgomery of Montgomery Intermediary Group recently sold an assisted living community in eastern Tennessee. Built in the late 1990s, the building featured more than 40 units, plus some houses on its campus. There was some additional acreage, as well. It was sold by one out-of-state owner to another, but the buyer has another assisted... Read More »

  • SNF Portfolio Trades Following Strong Bidding Environment

    by | May 7, 2026 3:51 pm | Acquisitions

    A regional operator looking to recycle capital divested a portfolio of four skilled nursing facilities in Florida. There were a total of 460 functional beds, and they were spread across Rockledge, Naples, Venice and Sarasota. Evans Senior Investments handled the deal.  The portfolio generated approximately $46 million in total annualized... Read More »

  • Class-A Seniors Housing Community Receives Agency Financing

    by | May 7, 2026 3:51 pm | Financings

    BWE closed $77 million in fixed-rate, Fannie Mae financing for a Class-A seniors housing community in a major Midwest MSA. The 10-year loan features a full term of interest-only payments. Ryan Stoll and Taylor Mokris led the financing. The community offers a full continuum of care, including independent living, assisted living and memory care.... 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 »