Finance

Live Oak Bank Adds Chad Borst to Seniors Housing Team

by Jeff Shaw November 18, 2019

WILMINGTON, N.C. — Live Oak Bank, a Wilmington-based lender, as hired Chad Borst to work with the company’s seniors housing team.

November 18, 2019

Finance Florida News

Cushman & Wakefield Arranges Financing for Jacaranda Trace Community in Florida

by Jeff Shaw November 15, 2019

VENICE, Fla. — Cushman & Wakefield Senior Housing Capital Markets, in collaboration with Bridge Structured Finance, has arranged financing for Jacaranda Trace, a seniors housing community in Venice, a beachfront city south of Tampa.

November 15, 2019

Arizona Finance News

Lancaster Pollard Closes $12.7M Bridge Loan for River Valley Estates in Yuma, Arizona

by Jeff Shaw November 15, 2019

YUMA, Ariz. — Lancaster Pollard Mortgage Co.’s affiliate OREC Structured Finance Co. has arranged a $12.7 million bridge loan for River Valley Estates, a seniors housing community in Yuma.

November 15, 2019

Finance Hawaii News Skilled Nursing

Sims Mortgage Funding Arranges $14.1M Financing for Liliha Healthcare Center in Honolulu

by Jeff Shaw November 15, 2019

HONOLULU — Sims Mortgage Funding (SMF), a subsidiary of HJ Sims, has arranged $14.1 million in financing for Liliha Healthcare Center, a 92-bed skilled nursing facility in Honolulu.

November 15, 2019

Connecticut Development Finance News

HJ Sims Arranges $45.8M Bond Financing for The Mary Wade Home in Connecticut

by Jeff Shaw November 14, 2019

NEW HAVEN, Conn. — HJ Sims has closed $45.8 million in financing for The Mary Wade Home, a healthcare facility in New Haven that offers a skilled nursing center, residential care home services, adult day medical health center, physical rehabilitation and transportation services.

November 14, 2019

Development Finance Florida News Skilled Nursing

CounterpointeSRE Arranges $3.7M Financing for Expansion, Updates to Victoria Nursing Center in Miami

by Jeff Shaw November 14, 2019

MIAMI — Counterpointe Sustainable Real Estate has arranged a $3.7 million, 20-year, Commercial Property Assessed Clean Energy (C-PACE) loan for renovations at the Victoria Nursing and Rehabilitation Center in Miami.

November 14, 2019

Development Finance From The Magazine

Influx of Capital Is Double-Edged Sword

by Jeff Shaw November 13, 2019

Availability of financing leads to overbuilding in markets with low barriers to entry.

November 13, 2019

Finance News People

NHI Promotes John Spaid to CFO

by Jeff Shaw November 13, 2019

MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI), a Murfreesboro-based REIT, has promoted John Spaid from executive vice president of finance to chief financial officer.

November 13, 2019

Acquisitions California Finance News

Capital One Funds $7.7M Acquisition Loan for Age-Restricted Community in California

by Jeff Shaw November 7, 2019

MANTECA, Calif. — Capital One has provided a $7.7 million Fannie Mae loan for the acquisition of Almond Blossom Estates.

November 7, 2019

Assisted Living Finance News Utah

Lancaster Pollard Arranges $7.5M Refinancing for Assisted Living Community in Utah

by Jeff Shaw November 6, 2019

SOUTH JORDAN, Utah — Lancaster Pollard Mortgage Company has arranged a $7.5 million refinancing for Riverway Assisted Living and Memory Care in South Jordan, approximately 15 miles south of downtown Salt Lake City.

November 6, 2019

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