• 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 »

HUD’s record SNF deal

by | Jan 6, 2016 8:30 am | Financings

HUD saw its largest single-asset, skilled nursing facility loan ever, when Housing & Healthcare Finance (HHC Finance) closed an $80.7 million 232/223(f) loan to refinance the existing conventional bank debt at a 520-bed skilled nursing facility in Manhattan, New York. Built in 1927 with 16 floors, but converted to skilled nursing in 1985, the Upper West Side facility was purchased three years ago by a member of the CareRite Centers network of communities for $80 million, or $153,800 per bed, with a 13% cap rate. With a loan of such size, HHC Finance had to get approval from multiple levels at HUD including the Office of Risk Management and all the way up to The Deputy Secretary of HUD.... Read More »

HUD’s top lenders

by | Oct 28, 2015 8:30 am | Financings

We will be profiling the top 10 HUD LEAN lenders in the coming issue of The SeniorCare Investor, but here is a little snapshot. We already mentioned last week that Lancaster Pollard finished well ahead of the pack, with 65 transactions totaling $531 million. Coming in second place, dollar-wise, was Housing & Healthcare Finance. The Chevy Chase, Maryland-based firm closed 22 transactions, for a total of $264.2 million. Loan sizes ranged from as low as $3.96 million up to $28.78 million. Coming in third was Capital Funding, which actually closed 28 loans (second place) totaling $257.8 million. Good job to all. Read More »

Big HUD month for HHC

by | Sep 2, 2015 8:30 am | Financings

Housing & Healthcare Finance (HHC) had a very busy August closing over $50 million of HUD financings. Three of the loans totaling $15.2 million were refinancings of existing HUD loans for three skilled nursing facilities with 428 beds in Connecticut.  The experienced borrower received low fixed rates for the next 25-30 years. HHC also closed 2 HUD 232/223(f) loans totaling close to $36 million. The first, a $22.2 million loan, will refinance a 240-bed skilled nursing facility in Brooklyn, New York, while the second, a $13.3 million loan, will refinance a 120-bed facility in Carmel, New York. All of the facilities are well occupied. Read More »