• 60 Seconds with Steve Monroe: Brookdale Senior Living, What’s Next?

    by | Jul 15, 2025 3:42 pm | 60 Seconds

    So, the big vote occurred last week, and shareholders of Brookdale Senior Living have spoken. We are sure that the recent increases in occupancy convinced some shareholders to stick with management and its “plan.” But the nominees from activist shareholder Ortelius Advisors were not off-the-wall candidates. It was an excellent group, and despite... Read More »

  • Optalis Healthcare Acquires Michigan Portfolio

    by | Jul 15, 2025 3:19 pm | Acquisitions

    Blueprint was engaged by Michael F. Flanagan, the duly appointed receiver of Spartan Holdco, LLC, et al. and approved by the Oakland County Circuit Court to run a marketing process sourcing qualified overbids for the auction sale of the SKLD (Skilled Living and Development) portfolio. Dubbed Project Spartan, the portfolio comprises eleven skilled... Read More »

  • National REIT Divests to Cougar Capital Management

    by | Jul 15, 2025 3:18 pm | Acquisitions

    Haven Senior Investments facilitated a transaction between a national REIT and a real estate development firm based in Boston, Massachusetts. The seller, Summit Healthcare REIT, divested a seniors housing community in Littleton, New Hampshire, The Village at Riverglen. Built in 2002, The Village at Riverglen features 60 beds across 50 independent... Read More »

  • CFG’s H1 Financing Volume

    by | Jul 15, 2025 3:15 pm | Financings

    Capital Funding Group’s bridge-to-HUD and HUD teams financed more than $930 million across 50 transactions in the first half of 2025. These financings included 14 HUD loans, 21 bridge loans and 15 accounts receivable loans for clients across the country. Managing Director of Real Estate Craig Casagrande originated a few transactions throughout... Read More »

  • Stabilized Class-A IL Community Secures Refinancing

    by | Jul 15, 2025 3:14 pm | Financings

    Greystone arranged a $43.5 million debt placement to refinance a seniors housing community in Oregon. The 142-unit property is a recently built and stabilized Class-A independent living community. The community had strong trailing cash flows, on a shorter trailing period, but an upward trend. The financing was sourced by David Young.  The... Read More »
Love Funding Funds Florida Development

Love Funding Funds Florida Development

by | May 10, 2019 1:28 pm | Financings

A new assisted living community will open in New Smyrna Beach, Florida, thanks to a $16.3 million HUD loan secured by Ken Charbauski of Love Funding. Located at the site of the former Alba Court Inn Hotel, which was built in 1895 and demolished in 2010, the community will feature 88 assisted living and 21 memory care beds in 93 total units. Adjacent to the four-story building will also be a 4,000-square foot adult day care center being renovated from a shuttered church. Urbanus Development, based in San Juan, Puerto Rico, is the project’s developer, with Miami Beach-based MIA Senior Living coming in as the operator. The non-recourse loan featured a 40-year term following the construction... Read More »
Love Funding Funds Florida Development

Love Funding Closes Construction Bridge Loan

by | Mar 14, 2019 11:08 pm | Financings

Leonard Lucas of Love Funding closed a $10.5 million bridge-to-HUD construction loan for a transitional rehab facility in Yuma, Arizona. The new facility will have 32,000 square feet and 41 private rooms. It will be 100% Medicare and managed care with no Medicaid patients. The bridge loan was placed with Love Funding’s parent company, Midland States Bank. This is the second bridge-to-HUD construction loan obtained through Love Funding in the developer/operator’s portfolio. Read More »
Love Funding Funds Florida Development

Love Funding Lends in Lexington

by | Nov 20, 2018 1:44 pm | Financings

Ken Charbauski of Love Funding secured a HUD refinance for a 42-unit assisted living/memory care community in Lexington, North Carolina. This community, which features both private and shared units, is part of the state’s Medicaid home- and community-based services waiver program. Its family owner, Southland Real Estate, successfully refinanced its previous floating-rate debt with the $4.8 million, 35-year loan. Read More »
Love Funding in the Last Frontier

Love Funding in the Last Frontier

by | Sep 6, 2018 3:31 pm | Developments, Financings

Love Funding secured financing for the Last Frontier’s newest assisted living community. Located in Anchorage’s U-Med district (and less than two miles from three hospitals), the community is being purpose-built by Baxter Senior Living as a high-end assisted living option for Alaskans. Along with 63 private AL and 33 private and semi-private memory care units, the private pay community will feature amenities including a theater, café and pub, fitness studio and art center, with Portland, Oregon-based Paradigm Senior Living as its manager. Love Funding’s Holly Bray secured a $20.1 million bridge loan provided by Love’s parent company, Midland States Bank, with First National Bank Alaska... Read More »
Love Funding Funds Florida Development

Love Funding Lends a Hand

by | Oct 17, 2017 7:50 pm | Financings

Love Funding and a family-owned care provider continued their successful partnership together, with Love helping the business refinance their assisted living community in Toms River, New Jersey. With 35 years of experience developing and operating senior care communities in New Jersey, the family has worked with Love for some 15 years. It opened its 79-unit Toms River community in 2002 and first refinanced it through HUD in 2006. Now, the community has refinanced again, with Love’s Laura Saull-Smith originating an $8.05 million loan that features a 35-year term and lower interest rate. Read More »