• Joint Venture Acquires Four AL/MC Communities

    by | May 8, 2026 3:25 pm | Acquisitions

    Following an active year of M&A with five separate deals totaling 21 properties, Stacked Stone Ventures has kicked off its 2026 growth with a portfolio acquisition in the Southeast. In a joint venture with Praxis Capital and an undisclosed family office, Stacked Stone, which was founded by Kent Eikanas, bought four assisted living/memory care... Read More »

  • Another Publicly Traded REIT Joins the M&A Mix

    by | May 8, 2026 2:59 pm | Acquisitions

    Another well-capitalized institutional player is stepping into the seniors housing fray, adding fuel to an already aggressive bidding environment. And based on its initial acquisitions, with one closed at more than $1 million per unit, the target seems to be high-quality assets. Prices are rising fast in that segment, and as the buyer pool... Read More »

  • Distressed AL/MC Community Gets New Owner

    by | May 8, 2026 2:56 pm | Acquisitions

    Scott Frazier, Kory Buzin and Steve Thomes of Blueprint advised a special servicer in the seniors housing sector on the sale of Spanish Vines, a well-maintained assisted living/memory care community. It sits in a densely populated Pocket-Greenhaven neighborhood of southwest Sacramento, California. The 88-unit community was generating negative... Read More »

  • Underperforming Community Sells and Secures Financing

    by | May 8, 2026 2:52 pm | Acquisitions, Financings

    A buyer recently acquired an underperforming seniors housing community in Charleston, South Carolina, and Blueprint Capital Markets secured the debt financing. Blueprint also represented the undisclosed seller in its divestment. The asset comprises 84 units of assisted living and memory care. There is room for occupancy growth and expense cuts,... Read More »

  • Standalone MC Communities Secure Acquisition Financing

    by | May 8, 2026 2:50 pm | Acquisitions, Financings

    Berkadia recently announced three financings on behalf of three different sponsors. In one of the closings, Steve Muth and Ed Williams arranged $25.8 million in acquisition financing for Peregrine Senior Living at Clifton Park and Peregrine Senior Living at Orchard Park. The bridge financing was provided through Berkadia’s Proprietary Lending... Read More »
X-Caliber Arranges Financing for SNF Portfolio in New England

X-Caliber Arranges Financing for SNF Portfolio in New England

by | Jan 13, 2022 3:19 pm | Financings

A portfolio of 10 skilled nursing facilities in Massachusetts and Connecticut has been sold to an experienced and highly regarded owner/operator with financing in hand from X-Caliber Capital. The $100 million loan comes to about $70,000 per bed in debt, placing the purchase price somewhere above that. Built in the 1980s and 1990s and totaling 1,416 skilled nursing beds, the properties are cash flowing and have occupancy around 85%. The purchase price and other details are undisclosed. Read More »
X-Caliber Capital Secures Bridge Loan in Keystone State

X-Caliber Capital Secures Bridge Loan in Keystone State

by | Feb 14, 2020 9:27 am | Acquisitions, Financings

X-Caliber Capital helped fund the purchase of a large skilled nursing facility in Pennsylvania with an acquisition bridge loan closing. Located in Harrisburg, the facility has 400 beds and about 200,000 square feet. It was occupied in the low-90s at the time of the sale. The undisclosed buyer obtained the $45 million bridge loan, with a three-year term. That debt comes out to $112,500 per bed, putting the value of the facility surely above that. We know buyers put a premium on larger SNFs, since these properties can better scale the higher labor and care costs, but this facility must have been operating well. Read More »
X-Caliber Closes Four Financings

X-Caliber Closes Four Financings

by | Jan 31, 2020 4:27 pm | Financings

The team at X-Caliber Capital has been putting in the hours lately, with three bridge loans and a HUD refinance to show for the hard work. First, the firm closed a $40 million bridge loan, with a three-year term, for an undisclosed borrower to acquire a 10-facility, 700-bed skilled nursing/assisted living portfolio in Illinois. Next, X-Caliber arranged $32 million in four-year financing to support the acquisition of seven assisted living/independent living communities in four states, with over 650 units across the portfolio. The third bridge loan totaled $1.6 million and came with a three-year term. That was also arranged for an acquisition, this time for a 39-unit assisted living... Read More »
X-Caliber’s Excellent First Year in Bridge Lending

X-Caliber’s Excellent First Year in Bridge Lending

by | Feb 19, 2019 5:36 pm | Financings

After only being in operation since March, X-Caliber Capital’s bridge lending group had an impressive 2018, closing $250 million in healthcare and seniors housing financings. Those transactions included everything from acquisition financings and recapitalizations to value-add and cash-out refinances. Plus, the firm will look to bring all of these loans to HUD for a permanent take-out. X-Caliber also closed out 2018 strong with three transactions in the last 45 days, including a $32 million acquisition loan for a Connecticut skilled nursing portfolio. We’ll see what’s in store for 2019. Read More »