• Evans Completes Cornerstone Portfolio Sale

    by | Dec 30, 2025 4:08 pm | Acquisitions

    Evans Senior Investments announced the sale of the remaining assets within the Cornerstone Portfolio, two assisted living/memory care communities in southern Texas. The portfolio consists of Trinity Oaks of Pearland, an 80-unit independent and assisted living community, and Trinity Shores of Port Lavaca, a 62-unit assisted living and memory care... Read More »

  • Invesque Divests Nine Assets

    by | Dec 30, 2025 4:07 pm | Acquisitions

    Invesque disposed of nine assets over 15 days in December, and provided notice of its intention to redeem all of the $27.3 million principal amount of debentures in early 2026. On December 11, the REIT sold a portfolio of four seniors housing assets for $57.0 million. These assets, located in New Jersey and Pennsylvania, were previously part of a... Read More »

  • Berkadia Closes Two Refinances and Two Sales

    by | Dec 30, 2025 4:06 pm | Acquisitions, Financings

    Before the end of the year, Berkadia announced two refinances and two sales in three states. First, Allegro Parkland, an independent living, assisted living and memory care community in Parkland, Florida, secured a refinance. Austin Sacco, Steve Muth, Garrett Sacco and Alec Rosenfeld of Berkadia Seniors Housing & Healthcare secured a loan... Read More »

  • Seniors Housing Operator Appoints New CEO

    by | Dec 30, 2025 4:05 pm | Acquisitions

    Harmony Senior Services, a family-owned company that is set to operate 50 communities across 12 states in 2026, announced the appointment of Traci Taylor-Roberts as its new Chief Executive Officer. Taylor-Roberts brings 25 years of experience in senior living, home health and hospice care, and will aid in advancing Harmony’s services,... Read More »

  • Receivership Sale of Standalone Memory Care Community Closes

    by | Dec 26, 2025 3:07 pm | Acquisitions

    Senior Living Investment Brokerage’s Southeast closings continued with the sale of Westminster Memory Care in Lexington, South Carolina. Built in 2020, the Class-A community features 48 units of memory care and high-end finishes. It is set on 6.3 acres, which provides an opportunity for expansion under new ownership. Also, at the time of the... Read More »
Live Oak Bank Reports Lively Quarter

Live Oak Bank Reports Lively Quarter

by | Oct 17, 2019 3:06 pm | Financings

Live Oak Bank was hard at work in the third quarter, closing three loans on behalf of senior care clients across the country. First, on behalf of a joint venture between Smith/Packett and RSF Partners, the lender closed a $6.2 million commitment for a conventional refinance of a 136-bed skilled nursing facility in Parksley, Virginia (Eastern Shore). Smith/Packett had originally acquired the community from a local hospital in 2017, bringing in Saber Healthcare to operate the property under a lease agreement. In the last couple of years, the firm has invested millions in renovating the property. And now, the time has come to refinance. Live Oak then closed a $3.3 million SBA 7a construction... Read More »