• Family Divests Upstate New York ALP

    by | Jan 2, 2026 3:43 pm | Acquisitions

    After running an assisted living/memory care community in Lockport, New York (Rochester MSA), for over three generations, a family has decided to divest and exit the industry. They engaged Dave Balow, Dan Geraghty and Ryan Saul of Senior Living Investment Brokerage to sell the asset. Built in 1982 and 1988, with a memory care expansion in 2017,... Read More »

  • Joint Venture Acquires California Facilities

    by | Jan 2, 2026 3:42 pm | Acquisitions

    At the end of a busy year of acquisitions, Stacked Stone Ventures announced one more on New Years Eve. The San Clemente, California-based real estate investment firm acquired two skilled nursing facilities in a joint venture with Praxis Capital for $8.25 million, or $43,200 per bed. The facilities feature a total of 191 skilled nursing and... Read More »

  • City of Wichita Issues Bond Financing

    by | Jan 2, 2026 3:40 pm | Financings

    Ziegler successfully closed Larksfield Place’s $45.205 million Series 2025 bonds, issued through the City of Wichita, Kansas. Larksfield is a not-for-profit, single-site CCRC founded in 1988 in northeast Wichita. The 67-acre campus includes 22 independent living villas, 164 independent living apartments, 62 assisted living apartments, 10 memory... Read More »

  • Receivership Sale of Standalone Memory Care Community Closes

    by | Dec 26, 2025 3:07 pm | Acquisitions

    Senior Living Investment Brokerage’s Southeast closings continued with the sale of Westminster Memory Care in Lexington, South Carolina. Built in 2020, the Class-A community features 48 units of memory care and high-end finishes. It is set on 6.3 acres, which provides an opportunity for expansion under new ownership. Also, at the time of the... Read More »

  • Active Adult Community Secures Freddie Mac Refinance

    by | Nov 26, 2025 12:44 pm | Financings

    An active adult community in Hurst, Texas, paid off its existing bank debt with a Freddie Mac refinance arranged by Berkadia. Heritage Village Residences was built in 2014 with 120 units, including 10 cottages. It was part of multiple acquisitions over the years, first in 2020 when Edison Equity Management Corporation bought it for $23.3 million... Read More »
M&T Realty Finances Three Transactions

M&T Realty Finances Three Transactions

by | Jun 28, 2021 11:15 am | Financings

M&T Realty Capital Corporation announced its latest slew of transactions, providing nearly $36 million in financing. First, for a 95-unit assisted living/memory care community in southern Oregon, Steve Muth led the way on a $11.325 million bridge loan to support the property’s acquisition. M&T Realty financed 75% of the cost with the one-year, interest-only, adjustable-rate loan. Proceeds from the transaction will also allow for the new owner to invest $600,000 of capital improvements prior to a HUD refinance. M&T submitted the HUD application immediately and was able to use the same third-party reports for both transactions.  M&T also closed two HUD refinances,... Read More »
Greystone Handles HUD Refinance of Wisconsin SNF Portfolio

Greystone Handles HUD Refinance of Wisconsin SNF Portfolio

by | May 25, 2021 7:12 pm | Financings

Fred Levine of Greystone arranged a total of $34.96 million in HUD loans for a portfolio of five skilled nursing facilities spread across southeastern Wisconsin. Totaling 558 beds, the facilities are located in Antigo, Burlington, Manitowoc and Kenosha.   The in-state borrower, Champion Care, purchased them in 2017 and will continue with ongoing property improvements. So, to refinance existing debt and help support those improvements, they obtained 30-year debt with a low fixed interest rate from HUD.   Read More »
Berkadia Closes Two Large Agency Financings

Berkadia Closes Two Large Agency Financings

by | May 18, 2021 4:57 pm | Financings

Berkadia announced two sizeable financings arranged for senior care clients in Portland, Oregon. The larger transaction saw Touchmark receive an $82.4 million loan through Freddie Mac to refinance its senior living community located just three miles from the center of Portland. Opened in 2018 with independent living, assisted living and memory care services, the community has around 275 units. Its construction cost was estimated at $90 million, or $326,100 per unit.   Chris Cain and Rafael Nobo secured the seven-year debt at 53% loan-to-value, putting the community’s value now at over $155.47 million, or $563,300 per unit. This was the second agency loan... Read More »
Walker & Dunlop Arranges Chicagoland Refinance

Walker & Dunlop Arranges Chicagoland Refinance

by | May 14, 2021 9:18 am | Financings

Walker & Dunlop’s Joshua Rosen secured $55.68 million in HUD financing for a portfolio of three skilled nursing facilities in Chicagoland. Each loan features a term of 27 years and low, fixed rates. Chalet Living & Rehab Center, with 219 beds in Chicago, obtained a $24.64 million loan. The Grove of Evanston, with 124 beds in Evanston, received an $18.88 million loan. Finally, the 131-bed The Grove of La Grange Park in La Grange Park received a $12.16 million loan. The borrower, Cascade Capital Group, secured significant debt coverage savings as a result of the transaction.  Read More »
VIUM Capital’s Strong First Year

VIUM Capital’s Strong First Year

by | May 12, 2021 9:53 am | Financings

After forming on April 1, 2020, with industry veterans Steve Kennedy and Kass Matt at the helm, VIUM Capital has announced an impressive inaugural year of closings. Across 25 transactions involving 63 separate properties in 17 states, the firm secured more than $750 million in par volume loans. That included HUD deals, bridge loans and tax-exempt bond financings. Starting a company on April Fools’ Day in the tumultuous year of 2020 may have been a bad omen, but this transaction volume may suggest otherwise.  It helps that Messrs. Kennedy and Matt have many years and many long-standing clients in the industry, which was key to getting transactions completed in the hectic year. VIUM’s... Read More »