Finance

Brookdale-Property
Assisted LivingFinanceIndependent LivingMemory CareNewsTennessee

Brookdale Receives $344.2M Financing for Seniors Housing Portfolio

by Hayden Spiess

BRENTWOOD, Tenn.  — Brookdale Senior Living has received a $344.2 million loan to refinance a seniors housing portfolio. The portfolio comprises 47 communities across 14 states.  Tennessee-based Brookdale has used the proceeds to repay $312.5 million of variable-rate debt due September 2027. Allison Holland and Alex Sheaffer of JLL Capital Markets secured the seven-year, fixed-rate financing on behalf of Brookdale under JLL’s master credit facility agreement with Fannie Mae. JLL Real Estate Capital LLC will service the loan.  Totaling 5,102 units, the portfolio features independent, assisted living and memory care residences. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Capital-Markets-Panel_Philadelphia-Seniors-Housing-Conference
FeaturesFinanceNews

Why Are So Many Banks Still on the Sidelines? Capital Markets Panel Weighs in

by Hayden Spiess

PHILADELPHIA — Despite industry-wide improvement in operating performance, many senior living providers are still finding it difficult to secure bank financing. Kathleen Shields, founder and president of Health Financing Consultants, says there are three root causes of the problem, starting with insufficient cash flow. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. “Operators have done a good job of pushing through [rental] rate increases in order to keep up …

Continue Reading
0 FacebookTwitterLinkedinEmail
Carlisle-Naples_Naples-Fla
Assisted LivingFinanceFloridaIndependent LivingNews

BWE Secures $76M Refinancing for Senior Living Community in Naples, Florida

by Hayden Spiess

NAPLES, Fla. — BWE has secured a $76 million loan for the refinancing of The Carlisle Naples, a senior living community located in Naples. A joint venture between Harbert Management Co. (HMC) and Senior Resource Group (SRG) was the borrower.  Totaling 350 residences, the property features 257 independent living units and 93 assisted living units. SRG operates the community.  Ryan Stoll and Taylor Mokris of BWE arranged the non-recourse bridge financing — which features a five-year term, floating rate and full-term interest-only payments — on behalf of the borrower. 

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceNew YorkNewsSkilled Nursing

MonticelloAM Provides $400M Financing for 2,900-Bed Skilled Nursing Portfolio in Kentucky, Tennessee

by Hayden Spiess

NEW YORK CITY — MonticelloAM has provided a $400 million bridge loan for the financing of a skilled nursing portfolio located in Kentucky and Tennessee. Huntington National Bank served as joint lead arranger in the financing. The portfolio totals 2,900 beds across 29 facilities.  The borrower was not disclosed. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Active AdultAffordable HousingAssisted LivingCCRCDevelopmentFeaturesFinanceIndependent LivingIndustry ContentInvestmentLegal IssuesOperationsSkilled NursingVideosWebinars

Webinar — 2025 Seniors Housing Outlook: Investment, Valuations & Capital

by Sarah Daniels

The Dec. 12 webinar “2025 Seniors Housing Outlook — Investment, Valuations & Capital,” sponsored by CBRE, featured expert insight on issues shaping the seniors housing sector. The panel discussion covered investment outlooks, the impact of inflation, capital availability, labor stability and regulatory concerns. This webinar brought together industry leaders to discuss critical economic factors, value-based care and development opportunities in the ever-changing seniors housing landscape. The discussion offers a detailed analysis of operational challenges facing the sector, including rising insurance costs and regulatory headwinds. Before 2025 begins, learn more about …

Continue Reading
3 FacebookTwitterLinkedinEmail
Assisted LivingCaliforniaFinanceNews

MonticelloAM Provides $87.2M Bridge Loan for Assisted Living Portfolio in Fresno, California

by Hayden Spiess

FRESNO, Calif. — MonticelloAM has provided an $87.2 million bridge loan for an assisted living portfolio in Fresno. The portfolio totals 39 communities. Proceeds from the loan will be used to refinance the existing debt on the properties, and the undisclosed borrower plans to secure long-term financing. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment-Panel
FeaturesFinance

Stars are Aligned for Healthy Investment Climate in 2025, Says InterFace Panel

by Hayden Spiess

PHILADELPHIA — The investment market for seniors housing is in a favorable position heading into the new year thanks to a confluence of factors, says Scott Corbin, director at Boston-based AEW Capital Management. The firm has roughly $3 billion in assets under management within this niche property type. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. “We’ve seen a full rebound in recovery. We’re not necessarily back …

Continue Reading
0 FacebookTwitterLinkedinEmail
Assisted LivingFinanceIndependent LivingMemory CareNewsNorth Carolina

Berkadia Arranges $71.3M Refinancing for Senior Living Community in Greensboro, North Carolina

by Hayden Spiess

Greensboro, N.C. — Berkadia has arranged a $71.3 million loan for the refinancing of Abbotswood at Irving Park, a senior living community located in Greensboro. KISCO Senior Living was the borrower.  Austin Sacco, Steve Muth, Garrett Sacco and Alec Rosenfeld of Berkadia Seniors Housing & Healthcare secured the financing through Freddie Mac.  Located at 3504 Flint St., Abbotswood at Irving Park offers cottages and independent living and assisted living units, as well as memory care suites. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Assisted LivingFinanceMemory CareNewsWisconsin

MonticelloAM Provides $18M Bridge Loan for Seniors Housing Community in Wisconsin

by Hayden Spiess

NEW YORK CITY — MonticelloAM has provided an $18 million bridge loan to finance a seniors housing community located in Wisconsin. Karina Davydov, managing director of New York City-based MonticelloAM, originated the financing.  The undisclosed borrower will use the proceeds to refinance an outstanding debt and position the property, which totals 100 assisted living and memory care units, for HUD financing. 

Continue Reading
0 FacebookTwitterLinkedinEmail
CBRE-Report-Figure-1
FinanceNews

Cap Rates Remain Flat, Even Compress in Some Cases, CBRE Investor Survey Reveals

by Hayden Spiess

DALLAS — A clear majority of respondents to CBRE’s U.S. Senior Housing & Care Investor Survey conducted in October reported either no change or a decrease in capitalization rates from the prior survey in April.  Meanwhile, the industry outlook for rent growth is less bullish than it was a short time ago as more survey respondents in October predicted flat rent growth in the year ahead,  with April’s poll findings. Administered via e-mail in October, the 15th edition of CBRE’s survey polled the same group of seniors housing real estate professionals …

Continue Reading
4 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts