• Multifamily Investor Enters Seniors Housing

    by | Apr 25, 2025 3:18 pm | Acquisitions

    Chad Wegner of Senior Care Realty facilitated the sale of a RCAC in Northeast Wisconsin on behalf of a long-term operator. The RCAC had been family owned/operated since inception, and the seller decided to pass the torch and enter retirement. Purpose built in 2014 and expanded in 2017, this well-maintained community features 19 individual... Read More »

  • SLIB Closes Sale of Remaining Guardian Healthcare Assets

    by | Apr 25, 2025 3:17 pm | Acquisitions

    The final three assets part of the Guardian Healthcare portfolio that fell into bankruptcy have sold after receiving HUD TPA (Transfer of Physical Assets) approval. Ryan Saul and Toby Siefert of Senior Living Investment Brokerage handled the sale.  The whole eight-facility portfolio was originally marketed by Senior Living Investment... Read More »

  • 1st Quarter Investor Call

    by | Apr 24, 2025 4:57 pm | Uncategorized

    On Thursday April 24th, The SeniorCare Investor was joined by three expert panelists from the M&A and financing worlds to discuss case studies on deals that are closing right now (but would not have closed 12 months ago). Watch the webinar here. Read More »

  • Southeast Owner/Operator Secures HUD Refinancing

    by | Apr 24, 2025 4:04 pm | Financings

    Berkadia’s Steve Muth and Andrew Lanzaro closed two loans totaling $5.1 million using HUD’s 232/223(f) program for a Southeast-based owner/operator of seniors housing communities and a repeat Berkadia client. The refinancing paid off the remaining bank debt for a crossed pool of four assets in Mississippi comprising 157 total units (149 assisted... Read More »

  • Dwight Capital and Dwight Mortgage Trust Close Impressive Q1:25 Activity

    by | Apr 24, 2025 4:03 pm | Financings

    Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, closed $521 million in seniors housing financings during the first quarter. The transactions included significant bridge and HUD loans for skilled nursing facilities and assisted living communities in multiple states. DMT provided a $54.6 million bridge loan to finance the acquisition... Read More »
NHI in the Nutmeg State

NHI in the Nutmeg State

by | Jun 3, 2016 8:30 am | Acquisitions

Just a week after announcing it exercised a purchase option on five assisted living/memory care communities from Bickford Senior Living, National Health Investors has made another large purchase, including two Connecticut CCRCs for $56.3 million, or $119,787 per unit/bed. Built in 1968 with a 2009 renovation, the 241-unit/bed community in Bridgeport features 186 independent living units, 26 assisted living units, 13 memory care units and 23 skilled nursing beds. The other community, built in 1991 in Southbury, has 155 IL units, 26 AL units, 14 MC units and 34 skilled nursing beds on a 56-acre property. Both properties were owned by funds managed by certain affiliates of East Lake Capital... Read More »

High-acuity community to be built

by | Oct 14, 2015 8:30 am | Developments, Financings

Aron Will, together with Jim Sellers and Tim Prouty, of CBRE arranged a $25.03 million construction loan for a joint venture between The Freshwater Group and Kayne-Anderson to build a 129-unit/135-bed senior care community in Tucson, Arizona. The loan, placed through a regional bank, featured a three-year floating rate term which then converts to a three-year mini-perm loan. Kayne-Anderson will provide institutional equity for the project, while Watermark Retirement Communities will operate the finished community, which will consist of five buildings with assisted living, memory care and skilled nursing services. For the assisted living, it will be fully licensed Directed Care, the highest... Read More »

CBRE arranges financing for 15-CCRC portfolio

by | Jun 17, 2015 8:51 am | Financings

Aron Will, Mitchell Kiffe and Matthew Whitlock of CBRE arranged $410 million in financing on behalf of NorthStar Healthcare Income and The Freshwater Group/Watermark Retirement Communities to purchase a portfolio of 15 rental and entrance fee CCRCs. The seller, Fountains Senior Living, a subsidiary of Arcapita, had previously hired Watermark as the day-to-day operator of the portfolio, which consists of six entrance-fee and nine rental CCRCs with 3,663 total units (with 2,330 independent living units, 945 assisted living units, 156 memory care units and 320 skilled nursing beds in 232 rooms). NorthStar will lease the entrance fee properties to affiliates of The Freshwater Group, pursuant... Read More »