• Public REIT Lands Portfolio in Competitive Sale

    by | Apr 14, 2026 2:52 pm | Acquisitions

    A portfolio of Class-A seniors housing communities sold in the Southeast to an undisclosed publicly traded REIT. Featuring six assets in Georgia and South Carolina, the portfolio totaled 156 independent living, 200 assisted living and 70 memory care units. The communities were built between 2017 and 2022 by a Southeast-based developer. Occupancy... Read More »

  • Regional Owner/Operator Acquires Ocala AL Community

    by | Apr 14, 2026 2:50 pm | Acquisitions

    The third and final asset in the Hampton Manor portfolio has sold with the help of Brad Clousing and Dan Geraghty of Senior Living Investment Brokerage. Hampton Manor Deerwood in Ocala, Florida, was built in 2005 and expanded in 2016 to now feature 61 units of assisted living. The property is stabilized, so the new owner can hit the ground... Read More »

  • Second Generation Operator Divests SNF Portfolio to PE Firm

    by | Apr 14, 2026 2:49 pm | Acquisitions

    A Northeast-based private equity firm engaged Daniel Morris of Plains Commercial Real Estate in its plan to enter a new state. The firm has an existing skilled nursing footprint, and had specific acquisition criteria, which narrowed the focus down to a few potential targets.  The company ultimately acquired a five-facility, 506-bed skilled... Read More »

  • CIBC Springs Ahead with Deal Flow

    by | Apr 14, 2026 2:48 pm | Acquisitions, Financings

    CIBC has been hard at work this Spring, successfully closing several acquisition financings for senior care clients across the country. The largest was a $51.5 million term loan that supported the purchase of four skilled nursing facilities in Illinois totaling 586 beds. Historical performance trended positively over the last two years across the... Read More »

  • National Healthcare Properties Kicks Off IPO Push

    by | Apr 14, 2026 2:41 pm | Uncategorized

    National Healthcare Properties, Inc. launched its public offering of 38.5 million shares of its Class A common stock pursuant to a registration statement on Form S-11 filed with the SEC. The initial public offering price is expected to be between $13.00 and $16.00 per share, and the company expects to grant the underwriters a 30-day option to... Read More »
The HUD LEAN Rankings Are In

The HUD LEAN Rankings Are In

by | Oct 14, 2021 4:38 pm | Financings

Another HUD fiscal year gone, and another set of familiar names rose to the top of LEAN loan production rankings. In terms of transactions closed, Greystone came in first place with 71 transactions, or more than double its next competitor. Not surprisingly, with that high level of activity, Greystone also had the highest dollar volume, with $888.88 million in total mortgages. This follows the firm’s first-place finish in HUD’s FY2020 as well, so they are on a hot streak. Housing & Healthcare Finance (HHC Finance) took second place for transactions closed and dollar volume, with 35 and $552.87 million, respectively. We got glimpses of HHC Finance’s activity throughout the year, and the... Read More »
Berkadia Secures HUD Financing for Three Communities

Berkadia Secures HUD Financing for Three Communities

by | Oct 14, 2021 4:29 pm | Financings

Berkadia announced three HUD financings for communities in Texas, Washington and Montana, totaling $20.6 million.  The first loan, secured by Jay Healy, totaled $11.19 million and was arranged for a Texas-based not-for-profit organization to refinance its 128-unit Medicaid assisted living community in Texas. The loan carries a low-2% interest rate and ultimately retired the existing construction and mezzanine debt tied to the project. This income-restricted community was constructed in 2015, with occupancy hovering around 90% during the time of the underwriting. Ed Williams arranged the second transaction, which consisted of two loans. The first was $6.26 million refinance of a 36-bed... Read More »
The HUD LEAN Rankings Are In

HHC Finishes September With Several HUD Refinances

by | Sep 28, 2021 3:49 pm | Financings

Housing & Healthcare Finance (HHC Finance) is having a strong September, closing another $58 million in HUD refinance loans. The transactions included a $42 million loan for a 260-bed skilled nursing facility followed by $11 million in financing for a 100-bed skilled nursing facility. Both facilities are located in southern California, and the two HUD loans refinanced substantially higher rate conventional debt while also providing the experienced regional owner with longer-term financing.  HHC Finance followed those closings with a $5 million HUD refinance for a 70-bed skilled nursing facility located in Missouri. Elan Magence, Senior Vice president at HHC Finance, originated all... Read More »
Affordable Projects Spring Up Across the Country

Affordable Projects Spring Up Across the Country

by | Sep 23, 2021 3:29 pm | Developments, Financings

Several developments and financings have been announced recently in the affordable seniors housing market, following a common theme that this sector is fast gaining investor attention. AHEPA Affordable Housing Management Company, Inc. is receiving an $8.86 million HUD loan to facilitate the development of 100 new affordable housing units in Des Moines, Iowa. That funding is part of the portion of the Build Back Better Act that is projected to bring more than $1 billion in affordable housing investments to Iowa. Across the country, MassHousing provided a $23.5 million loan for the expansion of Golda Meir House in the Boston suburb of Newton. Built between 1978 and 1995 and renovated in... Read More »
The HUD LEAN Rankings Are In

HHC Finance Wraps Up HUD’s FY21

by | Sep 16, 2021 3:07 pm | Financings

Housing & Health Finance (HHC Finance) is finishing up HUD’s fiscal year 2021 with a few transactions. First, the firm closed a $13 million refinance of an existing HUD loan for a 200+ bed skilled nursing facility in Illinois. In the transaction, HHC Finance substantially lowered the interest rate.  HHC Finance also closed on a new $8 million HUD loan for a 90-bed skilled nursing facility in northern California. Lastly, the firm added to its tally of loan modifications for the year by lowering the interest rate on a $4 million loan for one of its clients.  Read More »