• Cap Rates Continue Compression in JLL’s Investor Survey

    by | Mar 24, 2026 3:00 pm | Interviews, Opinion, Statistics

    Ben Swett, Managing Editor of The SeniorCare Investor, sat down with Bryan Lockard, Executive Managing Director of JLL’s Value and Risk Advisory, to discuss the results of JLL’s recently published 2026 Seniors Housing & Care Investor Survey and Trends. They also covered some major topics heading into NIC in Nashville. Read More »

  • 60 Seconds with Swett: Burning Questions for NIC Attendees

    by | Mar 24, 2026 2:59 pm | 60 Seconds

    This time next week, we’ll be heading out of Nashville from the Spring NIC conference likely buoyed by the overwhelmingly positive mood we’re expecting from most of our industry friends. It’s hard not to be optimistic when occupancy and margins are increasing to healthy levels nationally, and show no signs of stopping, when liquidity is... Read More »

  • Janus Living’s IPO Results

    by | Mar 24, 2026 2:58 pm | Uncategorized

    Janus Living has completed its initial public offering, raising $878 million after deducting the underwriting discount and estimated expenses payable by the company. The REIT sold 48.3 million shares of its Class A-1 common stock at $20 per share, including the full exercise of the underwriters’ 6.3 million-share option. It made its New York... Read More »

  • VIUM Capital Secures Slew of HUD and Bridge Financings

    by | Mar 24, 2026 2:58 pm | Financings

    VIUM Capital recently closed a series of healthcare and seniors housing real estate financings across multiple states, spanning both HUD-insured loans and bridge executions for skilled nursing, assisted living and memory care assets. The largest loan was a $56.4 million HUD financing for a 325-bed skilled nursing facility in Florida. The facility... Read More »

  • Several Senior Care Finances Close

    by | Mar 24, 2026 2:56 pm | Financings

    Jeremy Warren of Montgomery Intermediary Group reported an active end of winter, closing a handful of debt transactions for clients in Illinois and Kentucky. First, he helped the owner of a 77-bed skilled nursing facility in Kentucky refinance existing acquisition debt following a successful operational turnaround. Since acquiring the facility... Read More »
Ziegler Represents CJE SeniorLife in SNF Sale

Ziegler Represents CJE SeniorLife in SNF Sale

by | Aug 9, 2021 9:19 am | Acquisitions

Cascade Capital and Legacy Healthcare are acquiring a large skilled nursing facility in Skokie, Illinois, with Ziegler’s Dan Revie and Tedd Van Gorden representing the seller, CJE SeniorLife, in the transaction. Opened in 1981, the seven-story building has all private rooms, with 216 dually certified and 24 set aside for just Medicare patients. CJE Senior Living, in partnership with the Jewish Federation of Metropolitan Chicago, and Cascade/Legacy signed a letter of intent in February 2021 and closed the deal at the end of July. The purchase price was not disclosed.  Read More »
Cascade Capital Group Adds to Illinois Portfolio

Cascade Capital Group Adds to Illinois Portfolio

by | Sep 6, 2019 9:09 am | Acquisitions

Three acquisitions in the last month counts as a spree, right? Well, Cascade Capital Group is in the middle of one, having announced its acquisition of two Chicagoland skilled nursing facilities through its affiliate Legacy Healthcare. The deal included a 214-bed SNF in Streamwood and a 215-bed facility in Wheeling. Both fall under the Bella Terra brand, which has one other location in the Chicago area (Morton Grove) along with Montana and Utah. Last month, Cascade also added a 156-bed SNF in Aurora, Illinois, and a portfolio of four skilled nursing facilities in Florida, which sold for $49 million, or $106,500 per bed, at a 13.3% cap rate. Legacy took over management of the Aurora... Read More »
HHC Finance’s HUD Haul

HHC Finance’s HUD Haul

by | Feb 21, 2019 3:45 pm | Financings

The team at Housing & Healthcare Finance (HHC Finance) announced a series of six HUD closings totaling about $81 million on behalf of Cascade Capital Group and its operating affiliate Legacy Healthcare. An owner/operator of more than 135 skilled nursing facilities in 23 states (all acquired since the company’s founding in 2016), Cascade secured these HUD loans on six of its SNFs in the greater Chicago area. They all refinanced higher-rate, shorter-term conventional debt. Read More »
Capital One Secures Refinance of Illinois Assisted Living Community

Capital One Secures Refinance of Illinois Assisted Living Community

by | Jan 4, 2019 7:01 am | Financings

Five years after acquiring a 154-bed assisted living community in Park Ridge, Illinois, Cascade Capital Group (with Legacy Healthcare as its operating partner) is refinancing with the help of Capital One. Joshua Rosen originated the HUD loan, which totaled $15.1 million, came with a 35-year term and replaced conventional bank debt. In the years since acquiring the facility, Cascade had extensively renovated the community, which now has a five-star rating from CMS. The transaction recoups capital expenditures and partner debt, and frees up cash for Cascade to pursue other projects. Read More »

Capital One Closes A Big One

by | Sep 15, 2017 7:03 am | Acquisitions, Financings

Capital One flexed its banking muscles when it provided just over $551 million in financing to Kayne Anderson Real Estate Advisors (KAREA) for its purchase of Sentio Healthcare Properties. Announced back in May, the high-profile acquisition included all 34 of Sentio’s seniors housing and medical office properties, and was valued around $825 million. To fund the deal, Capital One provided KAREA a $251 million bridge loan and a $300 million Freddie Mac seniors housing revolving credit facility. We imagine a lot of time was spent on this large, complex transaction. Well done. Another Capital One deal came across the wires, albeit a little smaller than the KAREA deal. Joshua Rosen originated a... Read More »