• 12 Oaks Senior Living Appoints New CFO

    by | Jul 8, 2025 3:44 pm | Uncategorized

    12 Oaks Senior Living appointed Elliott Westerman as CFO, effective immediately. Westerman has more than two decades of leadership experience across senior living, healthcare, and real estate sectors. As CFO, Westerman will oversee all aspects of financial management, including financial planning and analysis, capital structure strategy,... Read More »

  • Ensign/Standard Bearer Adds Two Facilities

    by | Jul 8, 2025 3:42 pm | Acquisitions

    The Ensign Group acquired a couple of skilled nursing facilities through its real estate subsidiary Standard Bearer Healthcare REIT. The first purchase was for Duncanville Healthcare and Rehabilitation Center, a 124-bed SNF in Duncanville, Texas, which will be operated by a third-party operator subject to a long-term, triple-net lease. Ensign... Read More »

  • HTG Closes Two Separate SNF Transactions

    by | Jul 8, 2025 3:28 pm | Acquisitions

    Healthcare Transactions Group (HTG) recently closed two transactions in Missouri and Maryland. The Show Me State deal involved Baptist Home of Independence, an 118-bed skilled nursing facility and 20-bed Residential Care Facility in the town of Independence. Built in 1977, the campus received a major renovation in 2021 and was 65% occupied. ... Read More »

  • VIUM’s New H1 Record

    by | Jul 8, 2025 3:27 pm | Financings

    VIUM Capital completed the first half of 2025 with an impressive $780 million in transaction par value. That volume was closed across 32 transactions, 51 separate properties and 14 states, comprising both bridge and permanent debt. It represents the strongest first half of the year in the company’s history. Part of that activity was more than... Read More »

  • Kiser Group Launches Seniors Housing Division

    by | Jul 8, 2025 3:23 pm | Acquisitions

    Kiser Group, a leading multifamily brokerage firm, has announced the launch of its new Seniors Housing Division with the addition of industry veteran Mark Myers as Partner. This strategic expansion reflects the firm’s commitment to meeting the evolving needs of investors and operators in the growing senior living sector. With more than 30 years... Read More »
Caddis Recapitalizes Five “Heartis” Seniors Housing Communities

Caddis Recapitalizes Five “Heartis” Seniors Housing Communities

by | Feb 21, 2017 9:33 pm | Financings

Caddis just recapitalized five of its brand-new seniors housing communities in Texas. We’ve written about the “Heartis” brand (and Caddis-developed) before, which continues to grow in a number of Texas markets. The five properties just recapitalized are located in Amarillo, Cleburne (Fort Worth MSA), Conroe (Houston MSA), Cypress (Houston), and Fort Worth, a number of markets we have been keeping our eye on for overdevelopment. Nevertheless, this 352-unit portfolio must be performing well under the management of Frontier Management. Grant Saunders and Jay Jordan of KeyBank Real Estate Capital originated and underwrote the $62 million term loan. Read More »
Recapitalizing with KeyBank

Recapitalizing with KeyBank

by | Sep 30, 2016 2:44 pm | Financings

Grant Saunders, Sarah Belmont and Charlie Shoop of KeyBank Real Estate Capital all went to work to recapitalize a portfolio of eight seniors housing and care properties owned by Sentio Healthcare Properties, Inc. First, Saunders and Belmont helped the Orlando-based public, non-traded REIT refinance five of its properties, located in Texas, Florida, New Jersey and Louisiana, with a $62 million balance sheet term loan from KeyBank. Those properties are a combination of independent living, assisted living, memory care and skilled nursing facilities. As for the three remaining properties (assisted living and memory care communities) located in Ohio, Maryland and Florida, Mr. Shoop arranged... Read More »

KeyBank goes big with HUD

by | Sep 6, 2016 8:49 pm | Financings

Formation Capital went to KeyBank Real Estate Capital to refinance a 22-property skilled nursing portfolio located in Florida (17 facilities) and Mississippi (five). With a total of 2,682 beds, the facilities were purchased in February from GE Capital. John Randolph and Paul Di Vito of KeyBank arranged $249 million in HUD financing, which will help pay down an existing bridge loan that funded a 66-facility acquisition. Read More »
The Key to success

The Key to success

by | Aug 5, 2016 2:21 pm | Financings

A life insurance company provided an $85 million permanent loan to Tradition Senior Living for its 311-unit senior living community in Dallas, Texas. Opened in 2014, the community includes 202 independent living units, 85 assisted living units and 24 memory care units. Monique Bimler of KeyBank Real Estate Capital’s Healthcare Mortgage Banking Group arranged the 10-year fixed-rate loan, which amounted to more than $273,000 per unit. This is not the first time Tradition has relied on KeyBank. Since 2012, KeyBank has worked with Tradition on its capital raising efforts, including originating (led by Grant Saunders and Peter Trazzera) the initial construction loan and agenting the syndication... Read More »
Everything’s bigger in Texas

Everything’s bigger in Texas

by | Apr 29, 2016 8:30 am | Financings

In one of the larger financings seen so far this year, KeyBank Real Estate Capital recently provided a total of $202.1 million in Freddie Mac loans to refinance a portfolio of five independent living communities in Texas. Owned by a joint venture between Kayne Anderson Real Estate Advisors and Discovery Senior Living (which purchased it in 2014 for approximately $290 million, or $276,000 per unit), the “Conservatory Senior Living” portfolio totals 1,053 units, built between 2005 and 2007. Charlie Shoop and Carolyn Nazdin of Key’s Healthcare Mortgage Group, together with Pail DiVito of the Healthcare Real Estate Group, arranged non-recourse, 10-year adjustable rate financing to refinance an... Read More »