• Cap Rates Continue Compression in JLL’s Investor Survey

    Ben Swett, Managing Editor of The SeniorCare Investor, sat down with Bryan Lockard, Executive Managing Director of JLL’s Value and Risk Advisory, to discuss the results of JLL’s recently published 2026 Seniors Housing & Care Investor Survey and Trends. They also covered some major topics heading into NIC in Nashville. Read More »
  • 60 Seconds with Swett: Burning Questions for NIC Attendees

    This time next week, we’ll be heading out of Nashville from the Spring NIC conference likely buoyed by the overwhelmingly positive mood we’re expecting from most of our industry friends. It’s hard not to be optimistic when occupancy and margins are increasing to healthy levels nationally, and show no signs of stopping, when liquidity is... Read More »
  • Janus Living’s IPO Results

    Janus Living has completed its initial public offering, raising $878 million after deducting the underwriting discount and estimated expenses payable by the company. The REIT sold 48.3 million shares of its Class A-1 common stock at $20 per share, including the full exercise of the underwriters’ 6.3 million-share option. It made its New York... Read More »
  • VIUM Capital Secures Slew of HUD and Bridge Financings

    VIUM Capital recently closed a series of healthcare and seniors housing real estate financings across multiple states, spanning both HUD-insured loans and bridge executions for skilled nursing, assisted living and memory care assets. The largest loan was a $56.4 million HUD financing for a 325-bed skilled nursing facility in Florida. The facility... Read More »
  • Several Senior Care Finances Close

    Jeremy Warren of Montgomery Intermediary Group reported an active end of winter, closing a handful of debt transactions for clients in Illinois and Kentucky. First, he helped the owner of a 77-bed skilled nursing facility in Kentucky refinance existing acquisition debt following a successful operational turnaround. Since acquiring the facility... Read More »
County-Owned Skilled Nursing Facility Gets More Than A Facelift

County-Owned Skilled Nursing Facility Gets More Than A Facelift

Usually we hear of counties selling their unprofitable skilled nursing facilities, but not this time. A county in Pennsylvania is building a brand-new facility to replace its existing 80-year old SNF, with the help of a $34 million loan from the USDA. Located in Bellefonte, Pennsylvania, the old facility was originally built in 1938, with additions in the 1970s and 1990s, and was experiencing higher and higher maintenance costs. Owned by Centre County, the facility was also operated by the county until 2013, when a not-for-profit board took over, leasing the property for $1 a year. Since then, the not-for-profit has improved occupancy, with a 75% Medicaid census, and made the facility... Read More »

Lancaster Pollard Lands Financing For Nonprofit Clients

Lancaster Pollard showed its strength in agency funding, closing over $40 million in financing to help a couple of not-for-profit clients expand their services. First, in Osceola, Wisconsin, Brad Competty led the way in closing a $7.1 million HUD refinance on behalf of Christian Community Homes, a senior care provider in western Wisconsin (Minneapolis-St. Paul MSA). Originally built in 1981 as a skilled nursing facility, CCH expanded its Hudson, WI campus over the years to include senior apartments (opened in 1986), assisted living (1993) and memory care (2009). More recently, in 2011, the organization expanded on a new campus in Osceola with a 40-bed skilled nursing facility and a 20-bed... Read More »