• Value-Add AL/MC Community Trades

    by | May 21, 2026 2:37 pm | Acquisitions

    An institutional owner decided to divest a non-core asset, and engaged Jason Punzel, Vince Viverito, Jake Anderson and Taylor Graham of Senior Living Investment Brokerage to run the sale process. The asset is located in Hillsboro, Oregon (Portland MSA), and features 36 assisted living and memory care units, with 62 licensed beds. It was built in... Read More »

  • Brookdale Divests California Community to Public REIT

    by | May 21, 2026 2:36 pm | Acquisitions

    Blueprint was engaged by an institutional, national owner/operator in the strategic disposition of a large rental CCRC in Bakersfield, California. The 20-acre campus was developed in 1999 and provides the whole continuum of care, including independent living, assisted living, memory care and skilled nursing across three large buildings and... Read More »

  • Two Midwest Assets Trade

    by | May 21, 2026 2:34 pm | Acquisitions

    A couple of seniors housing communities traded in the Midwest, selling to a couple of growing owner/operators. First, in the Indianapolis area, The Kiser Group’s Mark Myers and SVN | Senior Living Advisors’ John Klement led the sale of a 157-unit seniors housing community featuring a mix of independent living, assisted living and memory care... Read More »

  • Assisted Living Portfolio Closes in Wisconsin

    by | May 21, 2026 2:33 pm | Acquisitions

    Bob Richards of Senior Care Realty recently completed the sale of a five-property assisted living portfolio in Wisconsin, closing the deal in multiple tranches. Richards had worked with the seller, AC Capital, for 15 years, helping them grow their portfolio over the years. AC Capital also has self-managed the communities for the last decade. Now,... Read More »

  • 60 Seconds with Swett: Here We Go Again

    by | May 20, 2026 8:33 am | 60 Seconds, Opinion

    AARP just published a report on assisted living, and all I can say is, here we go again. It concludes that “the state of assisted living today is cause for concern for many stakeholders. The lack of national federal standards for care centers creates an underregulated space.” It continues on, stating that the “absence of national oversight,... 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 »