• Berkadia Announces 2025 Activity and Latest Deal

    Berkadia recorded another successful year, with more than $2 billion in mortgage banking closings for the second consecutive year. In 2025, Berkadia’s financings were spread across 123 properties including active adult, independent living, assisted living, memory care and skilled nursing communities. Multiple lending sources were utilized, such... Read More »
  • Bank Closes Refinance and Acquisition Financing

    Coastal States Bank announced that it recently closed $9 million in financing to refinance a 60-unit purpose-built memory care community near Centerville, Ohio, and to acquire a 53-unit memory care community in Creve Coeur, Missouri. Following the closing, the sponsor’s affiliated management company, Kauhale Healthcare Management, began managing... Read More »
  • SLIB Sells Ohio Assisted Living Portfolio

    Jeff Binder and Ryan Saul of Senior Living Investment Brokerage sold a portfolio of three seniors housing communities in Ohio. Built between 1987 and 2009, the three buildings consist of 314 total units. They were in receivership. Working on behalf of the out-of-state owner, which has other seniors housing communities throughout Ohio, SLIB... Read More »
  • AHR’s New Interim CEO

    American Healthcare REIT, Inc.’s Chief Executive Officer and President, Danny Prosky, has taken a medical leave of absence, effective February 3, 2026, due to a recent medical event. So, the Company’s Board of Directors appointed Jeffrey T. Hanson, the Chairman of the company’s Board, to serve as Interim CEO and President, effective... Read More »
  • NHI Acquires Nine Communities

    National Health Investors made a large SHOP purchase, adding nine communities consisting of 460 total units across Kentucky, South Carolina and Tennessee. The properties will be managed by Allegro Living Management, an affiliate of Spring Arbor Management. NHI has an existing relationship with Spring Arbor totaling approximately $227 million in... Read More »
KeyBank Secures Financing For Six Heartis Properties

KeyBank Secures Financing For Six Heartis Properties

KeyBank Real Estate Capital secured $105.9 million in financing to recapitalize a portfolio of six assisted living/memory care communities operating under the Heartis brand, on behalf of their owner, Caddis Partners. The financing structure consists of an $80 million syndicated senior credit facility and a $25.96 million mezzanine loan provided by an institutional partner. The portfolio has a combined 631 units and 642 total beds, including both assisted living and memory care services. Five Heartis properties are located in Clear Lake, Longview, San Antonio, Arlington and Waco, Texas, while the sixth property is located in Peoria, Illinois. This financing will allow for stabilization of... Read More »
The Assisted Living Investors Speak

The Assisted Living Investors Speak

On November 9, 2017, we held a webinar titled “Assisted Living: Buying, Selling and Valuing in a Market Peak,” which you can watch here. Over the course of 90 minutes, our Editor, Steve Monroe, led a discussion featuring Jeff Binder of Senior Living Investment Brokerage, Kevin Kreshover of KeyBanc Capital Markets, Chris Kronenberger of Blue Moon Capital Partners, and Chris Wettig of Legend Senior Living, covering topics that varied from selling AL communities in today’s market, to the added value of adding memory care to an AL community, to whether it is cheaper to build or buy now. And of course, are we currently in, passed, or heading towards a market peak? The webinar yielded some... Read More »