• Brookdale Boosts Short Term Stability

    by | Jan 9, 2026 3:21 pm | Financings

    Brookdale Senior Living completed a series of financing transactions totaling approximately $600 million that refinanced all of its remaining 2026 mortgage debt and maturities, around $350 million, and a portion of 2027 mortgage debt maturities, approximately $200 million. The company also secured more fixed-rate debt, helping to cut rate risk.... Read More »

  • Ikaria Announces $1 Billion in Q4 Volume

    by | Jan 9, 2026 3:19 pm | Financings

    Ikaria Capital Group closed out a successful 2025, announcing several significant transactions in the fourth quarter that exceeded $1 billion in volume. The activity comprises financings in the seniors housing, skilled nursing and behavioral health sectors across multiple states and borrowers.  The largest deal was a $595.5 million senior... Read More »

  • PE Group Enters Oklahoma after Medicaid Rate Bump

    by | Jan 9, 2026 3:16 pm | Acquisitions

    A skilled nursing facility in Oklahoma that recently benefited from the state’s Medicaid rate bump sold to a national private equity firm looking to enter the state. Built in 1967, Maplewood Care Center features 180 beds on over three acres in Tulsa. It is located close to several major hospitals and healthcare campuses, but occupancy was sitting... Read More »

  • Community Purchased through HUD Assumption

    by | Jan 9, 2026 3:15 pm | Acquisitions

    Chad Mundy of the Knapp-Stahler Group of Marcus & Millichap sold an 82-unit assisted living/memory care community in Lewiston, Idaho. Built in phases in the early 2000s, the community featured five separate buildings, one of which was vacant after sustaining damage from a flood. As a result, occupancy was lower, based on the 89 licensed beds,... Read More »

  • The Zett Group Rounds Out Q4

    by | Jan 9, 2026 3:13 pm | Acquisitions

    The Zett Group closed out Q4 with several closings in the Pacific Northwest. First was the sale of Fox Hollow, a 58-unit seniors housing community in Eugene, Oregon. Built in 1988 and renovated in 2003, the community features 51 assisted living units and seven independent living “cottage-style” units. Set in a nice area of Eugene, it was owned by... Read More »
United Community Bank Closes Two Loans

United Community Bank Closes Two Loans

by | May 14, 2021 9:22 am | Financings

United Community Bank (UCB) closed two new loans in the month of April, both for senior care facilities in the Southeast. First, in Terra Bella, Florida, the UCB team originated a $24.8 million loan for Keystone Senior Living to refinance its 140-unit independent living, assisted living and memory care community. Renasant Bank partnered with UCB on the transaction, which featured a 36-month term and variable interest rate. Keystone built the community in 2016 with a construction loan and mezzanine debt. The new 75% loan-to-value loan from UCB, plus additional sponsor equity, took out that debt.  The bank also originated acquisition financing for Carlyle Senior Care to exercise a lease... Read More »
Portopiccolo Makes Another SNF Acquisition

Portopiccolo Makes Another SNF Acquisition

by | Jul 8, 2019 5:59 am | Acquisitions, Financings

The Portopiccolo Group just made its third skilled nursing acquisition of the year, making it one of the most prolific buyers in that space in 2019. Its most recent target was a 150-bed skilled nursing facility in Virginia Beach, Virginia. To fund the acquisition, Portopiccolo turned to Contemporary Healthcare Capital to closed $1.97 million in mezzanine financing in addition to receiving a senior loan from United Community Bank. About $2.7 million in capital upgrades will also be funded. The transaction is similar to Portopiccolo’s acquisition earlier this year of a 130-bed skilled nursing facility in Roanoke, Virginia that included a 24-bed accredited ventilator unit. That always... Read More »
Portopiccolo Makes Another SNF Acquisition

The Portopiccolo Group Picks Up Virginia SNF

by | Feb 20, 2019 7:00 am | Acquisitions, Financings

Contemporary Healthcare Capital worked with skilled nursing owner The Portopiccolo Group to secure mezzanine financing for its latest SNF acquisition. The targeted facility is located in Roanoke, Virginia and features 130 beds, including a 24-bed accredited ventilator unit. To fund its purchase, Portopiccolo obtained a senior loan from United Community Bank (that included a participation sold to Millennium Bank) and a $2.0 million mezzanine loan from Contemporary Healthcare Capital. About $1 million in loan proceeds will also be used for future renovations and upgrades made to the facility. Read More »
Senturian Senior Housing Brokerage Sells Alabama Assisted Living Community

Senturian Senior Housing Brokerage Sells Alabama Assisted Living Community

by | Feb 1, 2018 2:20 pm | Acquisitions

Watson McCollister of Senturian Senior Housing Brokerage handled the sale of a 56-unit assisted living community in Anniston, Alabama. Built in 2000 on 24 acres, this community includes 32 assisted living and 24 memory care units. It was owned by a local operator and operated at a 26% margin on approximately $2.46 million of gross revenues. Occupancy was 91% when the initial offer was accepted, but shot up to 100% by closing, with NOI substantially improving as well. With the help of an $830,000 mezzanine loan provided by United Community Bank and arranged by Contemporary Healthcare Capital, the out-of-state buyer (based in Charleston, South Carolina) purchased the community for $7.86... Read More »
Contemporary Healthcare Capital Closes Two Mezzanine Loans

Contemporary Healthcare Capital Closes Two Mezzanine Loans

by | Jan 10, 2018 7:00 am | Financings

Contemporary Healthcare Capital (CHC) announced two small mezzanine loan closings for clients in the Southeastern United States. First, in Anniston, Alabama, the firm closed an $830,000 loan to fund the acquisition of a 56-unit assisted living/memory care community. Then, to Palm Coast, Florida, where CHC arranged a $2.985 million mezzanine loan, with the help of Peninsula Alternative Real Estate, for a to-be-built 64-unit memory care community. CHC’s lending partner, United Community Bank, provided both loans. Read More »