• Berkadia Announces 2025 Activity and Latest Deal

    by | Feb 5, 2026 12:18 pm | Acquisitions, Financings

    Berkadia recorded another successful year, with more than $2 billion in mortgage banking closings for the second consecutive year. In 2025, Berkadia’s financings were spread across 123 properties including active adult, independent living, assisted living, memory care and skilled nursing communities. Multiple lending sources were utilized, such... Read More »

  • Bank Closes Refinance and Acquisition Financing

    by | Feb 5, 2026 12:17 pm | Acquisitions, Financings

    Coastal States Bank announced that it recently closed $9 million in financing to refinance a 60-unit purpose-built memory care community near Centerville, Ohio, and to acquire a 53-unit memory care community in Creve Coeur, Missouri. Following the closing, the sponsor’s affiliated management company, Kauhale Healthcare Management, began managing... Read More »

  • SLIB Sells Ohio Assisted Living Portfolio

    by | Feb 5, 2026 12:13 pm | Acquisitions

    Jeff Binder and Ryan Saul of Senior Living Investment Brokerage sold a portfolio of three seniors housing communities in Ohio. Built between 1987 and 2009, the three buildings consist of 314 total units. They were in receivership. Working on behalf of the out-of-state owner, which has other seniors housing communities throughout Ohio, SLIB... Read More »

  • AHR’s New Interim CEO

    by | Feb 5, 2026 12:12 pm | Uncategorized

    American Healthcare REIT, Inc.’s Chief Executive Officer and President, Danny Prosky, has taken a medical leave of absence, effective February 3, 2026, due to a recent medical event. So, the Company’s Board of Directors appointed Jeffrey T. Hanson, the Chairman of the company’s Board, to serve as Interim CEO and President, effective... Read More »

  • NHI Acquires Nine Communities

    by | Feb 3, 2026 3:47 pm | Acquisitions

    National Health Investors made a large SHOP purchase, adding nine communities consisting of 460 total units across Kentucky, South Carolina and Tennessee. The properties will be managed by Allegro Living Management, an affiliate of Spring Arbor Management. NHI has an existing relationship with Spring Arbor totaling approximately $227 million in... Read More »
Standard Companies Acquires Again

Standard Companies Acquires Again

by | Apr 19, 2021 9:39 am | Acquisitions

Standard Companies, an apartment and affordable housing real estate investment firm, has been on an acquisition roll lately in the low-income senior apartments sector. The company followed up its acquisition of a large senior apartment building in Chesapeake, Virginia with the purchase of another community located up the coast in Atlantic City, New Jersey.  Built in 1982, the community’s 169 units are supported by Section 8 Housing Assisted Payment (HAP) contracts. Standard paid roughly $28 million, or $165,700 per unit, for the property and plans to spend an additional $10 million to renovate it. The project will update the residents’ units, upgrade the common areas and amenity spaces,... Read More »
NorthMarq Refinances Merrill Gardens Community

NorthMarq Refinances Merrill Gardens Community

by | Mar 30, 2021 5:14 pm | Financings

A Merrill Gardens-operated senior living community in Rancho Cucamonga, California just refinanced its debt with a $31 million loan arranged by Stuart Oswald and Gordon Mickelson of NorthMarq. Owned by a joint venture between Merrill Gardens and AEW Capital Management, the three-year old community features 112 units of independent living, assisted living and memory care.  A life insurance company provided the debt, which came with a five-year term and 30-year amortization. NorthMarq structured the loan prior to stabilization, but the community was approaching that level upon closing.  Read More »
Northmarq Refinances Washington State Seniors Housing

Northmarq Refinances Washington State Seniors Housing

by | Jan 26, 2021 5:00 pm | Financings

Northmarq’s Stuart Oswald, senior vice president and managing director of the firm’s Seattle office, arranged a $35 million refinance of a 136-unit senior living community in Tacoma, Washington. Built in phases from the 1980s to the 1990s, the community provides independent living, assisted living and memory care services in a combination of 61 studios, 33 one-bedroom units, five two-bedroom units and 37 units dedicated to memory care. A family has owned and operated it since opening, with the third generation now in charge, and operations have been consistently strong, even during the pandemic. Occupancy was in the 90% range.  Northmarq originally refinanced the property... Read More »
NorthMarq Closes Southern California Transaction

NorthMarq Closes Southern California Transaction

by | Jan 20, 2020 9:53 am | Acquisitions

NorthMarq’s Southern California-based investment sales team of Kyle Pinkalla and Shane Safer represented Shefflin Investments in its sale of a 151-unit active adult community in National City, California (San Diego MSA). Originally built in 1999, the three-story building features a mix of studio and one-bedroom units, plus one commercial site. Occupancy was 97% with rents ranging from $1,075 to $1,250 per month. Part of its appeal comes from the property’s location near both Scripps Mercy Hospital and Paradise Valley Hospital, in addition to shopping areas and entertainment. Messrs. Pinkalla and Shafer arranged the property’s sale to Lincoln Avenue Capital, LLC, a leading investor in... Read More »
NorthMarq Finances New York Community

NorthMarq Finances New York Community

by | Dec 26, 2019 9:33 pm | Financings

The owner of a seniors housing community in Mount Vernon, New York (Westchester County) just refinanced and cashed out of the property with the help of NorthMarq. Built in 2005, the 20-unit community was fully occupied. Robert Ranieri, senior vice president and managing director of NorthMarq’s White Plains office arranged an $800,000 loan through The Westchester Bank that allowed the borrower to realize his long-term equity in the property. The loan came with a seven-year term and 30-year amortization schedule. Read More »