• Northstar Senior Living and Alta Senior Living Merge

    by | May 28, 2026 3:32 pm | Acquisitions

    In the mad dash for growth in the seniors housing sector, a lack of new development and an abundance of buyers crowding certain corners of the M&A market has led some owner/operators to seek acquisitions or mergers of whole management companies. It can certainly be a viable alternative that allows one to grow without a massive capital... Read More »

  • In-Place Operator Acquires Senior Care Campus

    by | May 28, 2026 3:28 pm | Acquisitions

    CBRE National Senior Housing’s Debt and Structured Finance team arranged acquisition financing for a senior care campus on behalf of Wingate Living and its affiliates. Wingate Living is a Newton, Massachusetts-based senior living developer/owner/operator with a focus on New England. Aron Will and Michael Cregan arranged the financing, securing a... Read More »

  • Joint Venture Takes on Stabilization Project

    by | May 28, 2026 3:27 pm | Acquisitions

    Michael Segal, Lauren Nagle and Daniel Waldhorn of Blueprint closed a deal on behalf of an institutional seller that was looking to divest its assisted living/memory care community. The purpose-built asset was constructed in 2000 by a national developer and comprises 52 units. It sits in West Bloomfield, Michigan, which is Michael Segal’s... Read More »

  • Large SNF Portfolio Secures Acquisition Financing

    by | May 28, 2026 3:24 pm | Acquisitions, Financings

    Marking another milestone for MONTICELLOAM in a banner first quarter, the firm funded $435 million in bridge and working capital financing for a skilled nursing portfolio that encompasses 14 facilities in Maryland. Of the total, $400 million supported the acquisition of the 1,890 beds. The sponsor group is a returning client that owns/operates... Read More »

  • Joint Venture Secures Acquisition Financing

    by | May 28, 2026 3:22 pm | Acquisitions, Financings

    A joint venture between Winterpast Capital Partners, Vitality Senior Living Management and Virtus Real Estate Capital acquired an assisted living/memory care community, securing bridge financing through Coastal States Bank. The financing includes reserves to support the joint venture’s ongoing repositioning of the community and was structured... Read More »
People’s United Bank Grows Its Presence

People’s United Bank Grows Its Presence

by | Feb 3, 2020 6:00 am | Financings

People’s United Bank has been on a roll lately. After closing around $445 million in loans across 48 separate transactions in 2019, including eight loans and $132.5 million in volume in the fourth quarter, the bank kept the activity going with a late January refinance closed on behalf of its client, a joint venture between Benchmark Senior Living, the operator’s equity partner, Kuwait Finance House, and Broadshore Capital. Located in Bedford, New Hampshire and featuring 54 memory care units, with 85 beds, the community received a $23.7 million senior mortgage, with a five-year term and 30 years of amortization. This was People’s first transaction with Benchmark since Matt Huber and Ginger... Read More »
Cushman & Wakefield Arrange Financing for Stabilizing Property

Cushman & Wakefield Arrange Financing for Stabilizing Property

by | Jul 19, 2019 11:38 am | Financings

A 195-unit senior living community still in lease-up just refinanced its construction debt with the help of its advisors: Richard Swartz, Jay Wagner and Jim Dooley of the Cushman & Wakefield Senior Housing Capital Markets team. A partnership between Pike Senior Housing Partners and operator Solvere Senior Living developed the community in Hamilton, New Jersey, about 11 miles from Princeton, at a cost of $59.1 million, or just over $300,000 per unit. They opened the independent living units first, in November 2017, and followed that up with the licensed assisted living and memory care units in April 2018. Rents begin at $2,800 for IL, $3,950 for AL and $5,600 for MC. Occupancy is... Read More »
Avalon Senior Living Grows

Avalon Senior Living Grows

by | Mar 22, 2019 7:02 am | Acquisitions

Avalon Senior Living has partnered again with Eastridge Pacific Holdings, LLC (EPH), this time buying three senior living communities in California from HCP, Inc. that had been leased to Brookdale Senior Living. The 205 units (210 beds) offer independent living, assisted living and memory care services. The purchase price was $15.7 million, or $76,585 per unit, and came with an approximate cap rate of 8.0%. Mike Garbers, formerly of Greystone and now with JLL, represented the seller, and MidCap Financial provided the mortgage financing. Eastridge Pacific entered the senior living industry in 2016 as an equity partner in Kalakaua Gardens, a 17-story community in Honolulu with 216 beds. It... Read More »
Recently Rebranded Senior Living Community Refinances

Recently Rebranded Senior Living Community Refinances

by | Feb 1, 2019 7:00 am | Financings

Having just undergone a renovation and a rebranding, an assisted living/memory care community in Dallas, Texas obtained a first mortgage loan, courtesy of MidCap Financial. The borrower for the $6.25 million floating-rate loan was a joint venture between private equity firm Artemis Real Estate Partners and Fort Worth-based operator Civitas Senior Living. Read More »
MidCap Making Moves

MidCap Making Moves

by | Dec 28, 2018 7:00 am | Acquisitions, Financings

More than a year after opening a 167-unit senior living community in Lexington, Kentucky, Atlas Senior Living executed on a purchase option for the property thanks to a $35 million floating-rate loan provided by MidCap Financial. David Sharp, working out of MidCap’s Chicago office, arranged the short-term loan and expects to take it to agency after a seasoning period. The purpose-built community is already near stabilization after opening in August 2017. Atlas had leased it from the developer/owner, DMK Development, which built the community for approximately $26 million, or $155,700 per unit. With the financing, Atlas received working capital for the continued stabilization and will be... Read More »