• Brookdale Occupancy Stalls

    by | Dec 9, 2025 3:28 pm | Uncategorized

    Brookdale Senior Living released its November occupancy results, and its census growth has stalled this Fall. In its consolidated portfolio, weighted average occupancy fell by 10 basis points from 82.6% in October to 82.5% in November, while month-end occupancy dropped more significantly from 83.7% to 83.4%. Same-community results were not... Read More »

  • Well-Performing Facility Sells for Strong Price

    by | Dec 9, 2025 3:27 pm | Acquisitions

    A rare skilled nursing and behavioral health facility in Tucson, Arizona, sold for a strong price to a partnership between a regional healthcare equity investor and a national skilled nursing operator. Featuring more than 140 beds, the facility is licensed by the state for both medical and behavioral health services, being the only SNF in the... Read More »

  • AL Community with Attached SNF Trades

    by | Dec 9, 2025 3:26 pm | Acquisitions

    An assisted living community with an attached, vacant 65-bed skilled nursing facility in Faribault, Minnesota, sold with the help of Ray Giannini of Marcus & Millichap. Built in 1998, Pleasant View Estates features 36 units and a 75% elderly waiver census. The community was well-occupied and operated at a strong margin. It was previously... Read More »

  • Regional Bank Funds Dallas Development

    by | Dec 9, 2025 3:25 pm | Developments, Financings

    Construction projects, although rare, can still get done these days. Tremper Capital Group successfully secured an $84 million non-recourse loan from a regional bank to fund a development in the Dallas, Texas MSA. The 164-unit independent living, assisted living and memory care project is being built by Harbert South Bay Partners in the... Read More »

  • UMRH Expands Two CCRCs in North Carolina

    by | Dec 9, 2025 3:24 pm | Financings

    Ziegler closed The United Methodist Retirement Homes’ (UMRH) $92.125 million Series 2025A, 2025B and 2025C bonds. UMRH is a North Carolina-based not-for-profit corporation that owns and operates three CCRCs in North Carolina: Croasdaile Village Retirement Community in Durham, Wesley Pines Retirement Community in Lumberton, and Cypress Glen... 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 »