• Evans Arranges New SNF Lease

    by | Jan 16, 2026 2:37 pm | Acquisitions

    Evans Senior Investments arranged a new lease for a skilled nursing facility in Denver, Colorado, securing a 293% increase in rent on a per-bed, per-month basis in the process. At the time of marketing, the facility was 62% occupied with minimal Medicare Part A referrals. However, the 1960s-built facility has 16 private units and is proximate to... Read More »

  • Cross River Bank Closes Large Acquisition Loan

    by | Jan 16, 2026 2:35 pm | Acquisitions, Financings

    Cross River Bank recently closed a large acquisition loan for a portfolio of seven skilled nursing facilities and one assisted living community in Georgia, Tennessee and Missouri. Raina Yoo was the Loan Officer on the transaction. The portfolio features a total of 1,339 licensed beds, and occupancy stood at 88%, overall.  Read More »

  • Local Operator Closes Lease-to-Purchase Deal

    by | Jan 16, 2026 2:34 pm | Acquisitions

    A skilled nursing facility in Mississippi faced a time-sensitive CHOW with frozen Medicaid rates under appeal after the outgoing operator was planning to leave before the ownership transfer occurred, posing meaningful risk to the facility’s financial performance and operational continuity. The facility was older and around 50% occupied at the... Read More »

  • Mainstay Senior Living Grows in Georgia

    by | Jan 16, 2026 2:31 pm | Acquisitions

    Mainstay Senior Living acquired two seniors housing communities in Savannah, Georgia. The properties are located about five miles apart from each other. Grace Manor Savannah was built in 1997, while Habersham Manor was built in the late-1980s. They feature a total of 143 assisted living and memory care units. Florida-based Mainstay now has 46... Read More »

  • Private Equity Firm Divests Portfolio to Chicago Investor

    by | Jan 15, 2026 4:06 pm | Acquisitions

    Trinity Investors, a Texas-based private equity firm, sold a 224-unit portfolio of three seniors housing communities in Alabama that it acquired in tranches between 2022 and 2023 with a regional owner/operator. After the portfolio stabilized and capital was injected into the communities, Trinity recapitalized the venture in March 2025 with... Read More »
Northwind Group and KeyBank Finance Peace Capital Acquisition

Northwind Group and KeyBank Finance Peace Capital Acquisition

by | Sep 12, 2019 6:49 pm | Acquisitions, Financings

Peace Capital and its affiliated operator Complete Care Management acquired a senior care portfolio number some 930 beds in Ocean County, New Jersey, for approximately $169 million, or about $181,700 per bed. The financing for the deal came from a couple different sources. As part of its effort to deploy up to $1 billion into senior living and healthcare properties, New York City-based private equity firm Northwind Group provided a $26 million mezzanine loan for the acquisition. Meanwhile, KeyBank Real Estate Capital underwrote and closed the $131 million in senior financing and expects to lead the refinance of the portfolio with HUD debt. Jonathan Slusher and Ran Eliasaf led the mezzanine... Read More »
Persimmon Refinances Pennsylvania Portfolio

Persimmon Refinances Pennsylvania Portfolio

by | Sep 12, 2019 2:53 pm | Financings

Patrick Shearer of KeyBank Real Estate Capital’s Commercial Mortgage Group secured $28 million of HUD financing for three seniors housing communities in Pennsylvania owned by Baltimore-based Persimmon Ventures, LLC and operated by Live Cardinal. All three communities offer assisted living and memory care services. Built in 1994 in Landisville, the largest property has 135 beds in 115 units and received a $16 million loan. A 59-unit community, which was built in 1987 in the town of Millersville, got an $8 million loan. The smallest community has just 45 units but 85 total beds. Built in 2000, it was acquired from The Hollinger Group for $3.8 million, or $84,400 per unit, at a 9.2% cap rate.... Read More »
KeyBank Closes Second Refinance for Danbury Senior Living

KeyBank Closes Second Refinance for Danbury Senior Living

by | Aug 13, 2019 2:11 pm | Financings

KeyBank Real Estate Capital just closed its second Freddie Mac loan for Danbury Senior Living to refinance another seniors housing property Ohio. A year ago, KeyBank had worked with Danbury to arrange a $14 million refinance for its 105-unit community in Wooster. Fast forward to today, and the firm secured a $14.5 million Freddie Mac financing for Danbury’s 101-unit seniors housing property in the town of Tallmadge. Built in 2016, the community provides independent living, assisted living and memory care services. Lee Delaveris from KeyBank arranged the transaction. Read More »
KeyBank Closes Texas Refinance

KeyBank Closes Texas Refinance

by | Jul 23, 2019 2:04 pm | Financings

KeyBank Real Estate Capital arranged a trio of HUD loans for skilled nursing properties located across Texas. The Corpus Christi facility, built in 2015 with 60 semi-private units and a 112-space parking lot, received a $16 million loan. Opened in 2009 and renovated in 2019, again with 60 semi-private rooms, the Bastrop facility obtained a $14.5 million loan. Finally, KeyBank arranged a $14 million loan for a 138-bed (69-unit) facility in San Antonio that was built in 1975 and renovated in 2013. Grant Saunders, Peter Trazzera and John Randolph made up the KeyBank team that closed the transactions. Read More »
Brookdale Gets Another Large Freddie Mac Financing

Brookdale Gets Another Large Freddie Mac Financing

by | Jun 19, 2019 7:02 am | Financings

Brookdale Senior Living continues to make moves that put the company on surer financial footing, having just refinanced existing debt with a $111.1 million Freddie Mac loan arranged by Monique Bimler of KeyBank Real Estate Capital. Secured in two tranches of 14 cross-collateralized seniors housing properties in Arizona, Florida, Massachusetts, Maryland, Mississippi, New York, Oregon, Texas, Virginia and Washington, the first mortgage was arranged as a 10-year split payment master note. There will be a five-year interest-only period split between 40% floating rate and 60% fixed rate payments, with a 30-year amortization schedule after that. This transaction follows a much larger $327... Read More »