• VIUM Capital Leads HUD LEAN Mid-Year Rankings

    by | Apr 30, 2026 4:12 pm | Financings

    HUD’s fiscal year 2026 hit the halfway point on March 31, and so far VIUM Capital is leading the way in closed 232 loans and by total loan volume with 41 transactions and $598.0 million in volume, respectively. That represents 22% of the program’s closed loans in the first half of the fiscal year and 19% of the total volume. And 32 of VIUM’s HUD... Read More »

  • Ikaria and G Capital Close Scattered Site HUD Deal

    by | Apr 30, 2026 4:11 pm | Financings

    Ikaria Capital Group and G Capital recently teamed up on a $30 million seven-asset portfolio HUD refinancing for Bethany Homes, a regional owner/operator based in Northern California. The portfolio included five six-bed Residential Care Facility for the Elderly (RCFE) homes (built in 1949, 1954, 1958, 1958 and 1979), a 20-unit assisted living... Read More »

  • Berkadia Is Off to the Races

    by | Apr 30, 2026 4:11 pm | Acquisitions, Financings

    Berkadia’s Seniors Housing & Healthcare platform had an active first quarter of lending, originating more than $508 million in financing volume. The mortgage banking platform closed 32 transactions, including $128 million in Berkadia Bridge fundings across 15 deals. The seniors housing investment sales platform closed an additional 40 seniors... Read More »

  • Senior Care Owner Secures Additional Financing

    by | Apr 30, 2026 4:09 pm | Acquisitions, Financings

    MONTICELLOAM provided $144 million in combined bridge and working capital financing to a six-facility skilled nursing portfolio in Washington. The transaction includes a $140 million bridge financing and a $4 million working capital line of credit, with a 36-month initial term. The sponsor is a returning healthcare client with a regional West... Read More »

  • 60 Seconds with Swett: Senior Care’s PR Problem

    by | Apr 29, 2026 8:15 am | 60 Seconds

    Recently, we have seen stories circulating about the connection between REIT ownership and the way skilled nursing facilities provide care, stemming from a study written by the nonprofit journalism outlet KFF Health News. We’ve seen this before, headlines like “real estate investors profit while patients suffer,” usually with graphic cases of... Read More »
CareTrust REIT’s Central Valley Expansion

CareTrust REIT’s Central Valley Expansion

by | Oct 3, 2019 3:32 pm | Acquisitions

CareTrust REIT made a major expansion into California’s Central Valley, acquiring two senior care facilities in a pair of off-market transactions. The targets were a 70-bed skilled nursing facility in Modesto, and a senior care campus in Sacramento with 99 skilled nursing bed and 72 assisted living units. Both were leased to an existing CareTrust tenant, Kalesta Healthcare, LLC, under a master lease with about 14 years left on the initial term. There are also two five-year renewal options. Scheduled cash rent for the first two years is expected to be about $3.9 million with CPI-based escalators thereafter. CareTrust also committed to provide a revenue-producing $1.0 million fund for... Read More »