• Brookdale’s Portfolio Stumbles in February

    Brookdale Senior Living reported its February 2026 occupancy numbers, and if the remaining cold weather months even closely resemble what the company has posted so far this winter, they will need to do some serious heavy lifting this summer to progress in its census rebound.  All of its reported occupancy figures, including consolidated and... Read More »
  • 60 Seconds with Swett: The State of the Healthcare M&A Market

    I attended the McDermott Will & Schulte Healthcare Private Equity Conference in Miami Beach last week, and the buzz mostly centered around increased investment in outpatient care, AI in healthcare and a persistent bid-ask spread that has kept healthcare M&A relatively steady, and down when comparing it to the seniors housing and care... Read More »
  • Newmark Reports Slew of February Deals

    The Newmark seniors housing team reported an active February, with six investment sales and four significant debt transactions. First, outside of Chicago, the team sold Clarendale of Mokena, a 156-unit seniors housing community featuring independent living, assisted living and memory care services. The community was built in 2015 by Ryan... Read More »
  • Improving SNF Sells to Newer Skilled Nursing Entrant

    A regional skilled nursing owner/operator divested one of its senior care facilities in western Nebraska after deciding to refocus its operational efforts in a more condensed regional footprint. The owner/operator engaged Michael Segal and Daniel Waldhorn of Blueprint to run the process.  Built in 1960, Monument Rehabilitation and Care... Read More »
  • AEW Capital Management Divests to Joint Venture

    Berkadia Seniors Housing & Healthcare handled the sale and financing of The Sheridan of Green Oaks, which Town Lane and Arcole acquired, marking the joint venture’s fifth seniors housing investment in their inaugural $1.25 billion real estate fund. Built in 2016 by Senior Lifestyle Corporation, the Class-A community comprises 78 independent... Read More »
Lancaster Pollard Continues Its HUD Lean Activity

Lancaster Pollard Continues Its HUD Lean Activity

Fresh off a frankly unbelievable year in the HUD LEAN program, with over $903 million in closings across 78 transactions, Lancaster Pollard wasted no time in arranging a refinance for a pair of Oregon senior care facilities. Jason Dopoulos led the way on the transaction on behalf of the borrower, Sapphire Health Services. The $15.2 million loan is taking out debt that was originally used to acquire the facilities, both of which treat patients with specialized brain injuries across 67 total units. In addition to refinancing all outstanding debt, the loan will also allow Sapphire to invest in some facility repairs. Read More »
Lancaster Pollard Closes HUD LEAN Loans

Lancaster Pollard Closes HUD LEAN Loans

The transactions keep on coming from Lancaster Pollard. After being revealed last month as the top HUD LEAN lender once again (with 79 transactions and nearly $770 million in volume during HUD’s fiscal year 2017), the firm has closed another two transactions on behalf of California-based borrowers. First, for Summit Healthcare REIT, Jason Dopoulos of LP refinanced four senior care facilities for a total loan amount of $55.1 million. The portfolio features a 181-bed skilled nursing facility in Millsboro, Delaware, a 151-bed SNF in Smyrna, DE, a 69-unit independent living community in Salem, Oregon, and a 66-unit IL/assisted living/skilled nursing facility in Portland, OR. The latter two... Read More »