• 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 »
HHC Finance works in Yonkers

HHC Finance works in Yonkers

by | Oct 12, 2016 8:31 am | Financings

The team at Housing & Healthcare Finance (HHC) went through HUD to successfully refinance an independent living/assisted living community in Yonkers, New York. Located on 10 acres in a park-like setting, the community was recently renovated/upgraded in 2010. It also is the only provider in the area with the Medicaid Assisted Living Program. Occupancy at the 195-bed property has always been close to full. Working through a PILOT issue with HUD and the local municipality, HHC was able to close a $27 million refinance with an interest rate below 3%. Read More »
Milwaukee Millions

Milwaukee Millions

by | Oct 6, 2016 8:26 am | Financings

Brendan Healy and Brad Competty of Lancaster Pollard probably drove all across the Milwaukee, Wisconsin area for their latest transaction, which involved two HUD refinances totaling $23.3 million. The borrower, Capri Communities, is based in Waukesha (just outside of the city) and owns/operates 11 senior care campuses in south/southeast Wisconsin. Its 72-unit assisted living/memory care community in Germantown (also just outside of Milwaukee) received a $13.8 million loan with a 35-year term that will also help fund over $425,000 in repairs. A 75-unit assisted living community in Milwaukee proper obtained a $9.5 million loan with a 35-year term that will fund over $525,000 in... Read More »

September’s top HUD lender

by | Oct 5, 2016 1:10 pm | Financings

Our top HUD lender of the month was Housing & Healthcare Finance (HHC Finance), with over $120 million of closings in September alone. Included in that total were five 232/223(f) refinances: a $27 million loan for a 195-unit assisted living community in Yonkers, New York, $33 million to refinance a 332-bed skilled nursing facility in Philadelphia, a $6 million loan for a 120-bed skilled nursing facility in New Jersey (New York City MSA), $3.8 million for an 84-bed skilled nursing facility in South Carolina and a $6.2 million refinance of a 67-bed skilled nursing facility in central New Jersey. In addition, HHC Finance closed $46 million of rate modifications for two existing... Read More »
Build with HUD

Build with HUD

by | Sep 28, 2016 8:30 am | Developments, Financings

The owner of a skilled nursing facility in Gibonsburg, Ohio is planning an addition to its 99-bed property, but also wanted to refinance its existing debt. So, they went to Cambridge Realty Capital Companies, which provided a $5.266 million HUD loan. That financing included both a six-month construction loan and a 34-1/2-year fully-amortizing permanent loan, with a blended interest rate. Read More »
An Affinity for HUD

An Affinity for HUD

by | Sep 21, 2016 8:31 am | Acquisitions, Financings

Affinity Living Group’s latest acquisition of two senior living communities in North Carolina was met with more complications than usual. Already with a senior lender on board, Affinity had to find supplemental debt that not only satisfied their own requirements, but also those of the senior lender and of a future HUD refinance. So, HJ Sims provided a $2.475 million mezzanine loan under its “HUD Plus” program, which allows a borrower to leverage up to 92.5% of the market value of a project with HUD-approved secondary financing. Sims funded the subordinate loan by placing $2.475 million of corporate taxable bonds. The communities included a total of 176 assisted living units and 40 memory... Read More »