• 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 »
High-End Medicaid Assisted Living

High-End Medicaid Assisted Living

by | Aug 23, 2021 9:24 am | Opinion

More than 25 years ago, when private-pay assisted living burst on the scene, there was a large percentage of nursing home residents that had no other choice in their local communities, but had the financial resources to pay out-of-pocket. Many of them turned to assisted living. For those on Medicaid, the choices were slim.  We have long advocated that states could save money with their Medicaid-funded residents if Medicaid covered more assisted living for those who truly can’t afford any private pay living arrangement, especially those needing any kind of nursing care. The fear, of course, was that the Medicaid pie would expand as opposed to merely shifting where the money... Read More »
Bank Leumi Finances In Florida

Bank Leumi Finances In Florida

by | May 24, 2018 2:48 pm | Financings

Bank Leumi provided a couple of Florida financings for owners of assisted living communities. First was a five-year $9.3 million acquisition loan provided to a South Florida-based owner/operator, Priority Life Care, to purchase two senior living properties in western Broward County. The Margate community features 111 licensed beds along with memory care services, while the Davie community is smaller, with just 20 beds. They join Priority’s existing portfolio of seven properties in Florida and 11 properties in seven other states. Bank Leumi also provided a $4.8 million, three-year term loan to refinance a 75-bed assisted living community in Orlando, Florida. The borrower, a Florida-based... Read More »
Vacancy in Dade City

Vacancy in Dade City

by | Feb 1, 2017 8:30 am | Acquisitions

Birchwood Health Care Properties just added the 21st property to its seniors housing portfolio, but with one catch: the community is vacant. Located in Dade City, Florida (about 30 miles inland between Tampa and Orlando), the target was originally built as a hotel and converted to include 230 units of seniors housing. As recently as early 2015, it served over 200 residents but ran into clinical and operational challenges under its previous management. So in comes Birchwood, which along with operator Priority Life Care will invest $750,000 in renovations. Plus, pre-marketing and construction planning was initiated well before this transaction’s closing in early January in anticipation of a... Read More »

CareTrust expands

by | Mar 3, 2016 9:18 pm | Acquisitions

CareTrust REIT acquired a portfolio of four assisted living communities and promptly leased them back to two separate entities, creating a new tenant relationship along the way. Three of the communities, with 366 units, are located in Baltimore, Maryland, Fort Wayne, Indiana, and West Allis, Wisconsin, were purchased from and leased back to a company headed by two of the three key principals of the seller. Brother and sister team Robert and Severine Petras formed Priority Life Care, which owns and operates four seniors housing communities, and structured a sale/leaseback agreement with CareTrust to consolidate their existing partnership and complete the capitalization of the new company.... Read More »