• Multifamily Investor Enters Seniors Housing

    Chad Wegner of Senior Care Realty facilitated the sale of a RCAC in Northeast Wisconsin on behalf of a long-term operator. The RCAC had been family owned/operated since inception, and the seller decided to pass the torch and enter retirement. Purpose built in 2014 and expanded in 2017, this well-maintained community features 19 individual... Read More »
  • SLIB Closes Sale of Remaining Guardian Healthcare Assets

    The final three assets part of the Guardian Healthcare portfolio that fell into bankruptcy have sold after receiving HUD TPA (Transfer of Physical Assets) approval. Ryan Saul and Toby Siefert of Senior Living Investment Brokerage handled the sale.  The whole eight-facility portfolio was originally marketed by Senior Living Investment... Read More »
  • 1st Quarter Investor Call

    On Thursday April 24th, The SeniorCare Investor was joined by three expert panelists from the M&A and financing worlds to discuss case studies on deals that are closing right now (but would not have closed 12 months ago). Watch the webinar here. Read More »
  • Southeast Owner/Operator Secures HUD Refinancing

    Berkadia’s Steve Muth and Andrew Lanzaro closed two loans totaling $5.1 million using HUD’s 232/223(f) program for a Southeast-based owner/operator of seniors housing communities and a repeat Berkadia client. The refinancing paid off the remaining bank debt for a crossed pool of four assets in Mississippi comprising 157 total units (149 assisted... Read More »
  • Dwight Capital and Dwight Mortgage Trust Close Impressive Q1:25 Activity

    Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, closed $521 million in seniors housing financings during the first quarter. The transactions included significant bridge and HUD loans for skilled nursing facilities and assisted living communities in multiple states. DMT provided a $54.6 million bridge loan to finance the acquisition... Read More »
CareTrust REIT’s Central Valley Expansion

CareTrust REIT’s Central Valley Expansion

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 »