• Regional Owner/Operator Secures Acquisition Financing

    Andrew Lanzaro of Berkadia Seniors Housing & Healthcare arranged a $24.75 million bridge financing for the acquisition of a 140 unit seniors housing community in Ocean Springs, Mississippi, on behalf of a Memphis-based repeat client. The purchase represented the buyer’s 10th community in Mississippi and was funded with 1031 exchange... Read More »
  • Brookdale Boosts Short Term Stability

    Brookdale Senior Living completed a series of financing transactions totaling approximately $600 million that refinanced all of its remaining 2026 mortgage debt and maturities, around $350 million, and a portion of 2027 mortgage debt maturities, approximately $200 million. The company also secured more fixed-rate debt, helping to cut rate risk.... Read More »
  • Ikaria Announces $1 Billion in Q4 Volume

    Ikaria Capital Group closed out a successful 2025, announcing several significant transactions in the fourth quarter that exceeded $1 billion in volume. The activity comprises financings in the seniors housing, skilled nursing and behavioral health sectors across multiple states and borrowers.  The largest deal was a $595.5 million senior... Read More »
  • PE Group Enters Oklahoma after Medicaid Rate Bump

    A skilled nursing facility in Oklahoma that recently benefited from the state’s Medicaid rate bump sold to a national private equity firm looking to enter the state. Built in 1967, Maplewood Care Center features 180 beds on over three acres in Tulsa. It is located close to several major hospitals and healthcare campuses, but occupancy was sitting... Read More »
  • Community Purchased through HUD Assumption

    Chad Mundy of the Knapp-Stahler Group of Marcus & Millichap sold an 82-unit assisted living/memory care community in Lewiston, Idaho. Built in phases in the early 2000s, the community featured five separate buildings, one of which was vacant after sustaining damage from a flood. As a result, occupancy was lower, based on the 89 licensed beds,... Read More »
Senior care campus gets HUD and Fannie Mae financing

Senior care campus gets HUD and Fannie Mae financing

One size didn’t fit all at a senior care campus in Boise, Idaho when it decided to refinance its existing debt through two lending agencies: HUD and Fannie Mae. The property, which comprised a skilled nursing facility and an independent/assisted living community, had a single existing mortgage, but required two different lenders to fund two separate loans. So Walker & Dunlop secured a 10-year $20.8 million Fannie Mae loan for the seniors housing community, which was built in 1992 with 142 independent living and 51 assisted living units. Then, for the skilled nursing facility, Walker & Dunlop arranged a $9 million HUD mortgage with a 35-year term. Built in 1986, the facility... Read More »

Greystone Closes $204 million in Q4

As 2016 was winding down, Greystone’s seniors housing lending group was heating up, closing $204 million in financings. In the last quarter of the year, Greystone demonstrated its financial range, including Fannie Mae, HUD, bridge, mezzanine and national bank loan transactions for acquisitions, refinancings and the new construction of nearly 1,700 seniors housing and multifamily units. In the fourth quarter, the lending team, led by Scott Kavel, Neal Raburn and Cary Tremper, arranged $138 million in Fannie Mae financing, including a $48.5 million refinance for an entrance fee CCRC in the Tampa MSA. Greystone also closed $55 million in financing for three Oakmont seniors housing properties... Read More »

Cambridge Realty Capital On a Roll

When it rains, it pours for Cambridge Realty Capital Companies, which announced a succession of three loan closings throughout the middle of the country. First up, the firm arranged $5.32 million in 24-year HUD financing for a Missouri LLC to refinance its 114-bed skilled nursing facility in Crystal Lake, Illinois. Then, down to Kansas City, Missouri, a 162-bed facility owned by a Missouri limited partnership also refinanced with a $4.02 million 25-year HUD loan. These closings come a month after Cambridge worked with Aron Will of CBRE to secure $30 million from a national bank to refinance a portfolio of four seniors housing communities in the El Paso, Texas area. Managed by 12 Oaks... Read More »
Becker serves up refinancing

Becker serves up refinancing

Aaron Becker of Lancaster Pollard refinanced a portfolio of six skilled nursing/rehab facilities located throughout Connecticut (5) and Rhode Island (1), with the help of HUD. The borrower is Apple Rehab, a CT-based provider of short-term rehab services with 25 locations. For the six facilities (which total 517 beds), Apple received six loans totaling $40.7 million, all with 30-year terms and low, fixed interest rates. The refinancing provides significant debt service savings and increases Apple’s replacement reserves. Read More »
The All-in-One Deal

The All-in-One Deal

Valstone Properties brought in Walker & Dunlop to refinance their portfolio of 12 memory care properties located throughout New Jersey and also provide funding for the acquisition/refinancing of two additional communities. Working with HUD, Kevin Giusti and Michael Vaughn of W&D arranged a 35-year $28.38 million loan with an 80% loan-to-value. The financing reimbursed Valstone for their original acquisition costs, capital expenditures and various renovations. It also involves the largest number of individual properties, which total 215 units, to be included as one loan under HUD’s scattered site policy since the HUD 232 program’s inception, which allowed for significant... Read More »