News

Oxford Provides $27M Loan for Cascade’s Purchase of Three Skilled Nursing Facilities

by Jeff Shaw March 10, 2016

SEATTLE — Oxford Finance LLC, a Virginia-based specialty finance firm that provides senior debt to life sciences and healthcare services companies, has closed a $27 million term loan to Cascade Capital Group LLC.

March 10, 2016

News Skilled Nursing

Blueprint Arranges Sale of 68-bed Skilled Nursing Facility in Massachusetts for $3.9M

by Jeff Shaw March 10, 2016

CHICOPEE, Mass. — Blueprint Healthcare Real Estate Advisors has arranged the $3.9 million sale of Birch Manor Rehabilitation & Skilled Nursing Center, a 68-bed skilled nursing facility in Chicopee, approximately 30 miles north of Hartford, Conn.

March 10, 2016

Finance News Skilled Nursing

Oppenheimer Provides Seven HUD Loans for Skilled Nursing Facilities in Ohio Totaling $30.3M

by Jeff Shaw March 10, 2016

NORTH WALES, Pa. — Oppenheimer Multifamily Housing & Healthcare Finance, the FHA/HUD lending division of Oppenheimer & Co. based in North Wales, has closed refinancing loans for seven skilled nursing facilities in Ohio. The loans total approximately $30.3 million.

March 10, 2016

Development News

Kisco to Add $16M Expansion to Emerald Court in California

by Jeff Shaw March 9, 2016

ANAHEIM, Calif. — Kisco Senior Living has announced plans for a $16 million expansion to Emerald Court, a 194-unit independent living and assisted living community in the Los Angeles suburb of Anaheim.

March 9, 2016

Development Finance News

Cushman & Wakefield Arranges $16.3M Construction Loan for LCB Community in Massachusetts

by Jeff Shaw March 9, 2016

SHREWSBURY, Mass. — Cushman & Wakefield Senior Housing Capital Markets has arranged $16.3 million in construction financing and joint venture equity for LCB Senior Living and Blue Moon Capital Partners. M&T Bank provided the capital.

March 9, 2016

News People

KeyBank Taps Kevin Murray to Lead Marketing of Healthcare Finance Group

by Jeff Shaw March 9, 2016

CLEVELAND, Ohio — KeyBank Real Estate Capital, the commercial real estate business unit of KeyCorp (NYSE:KEY), has appointed Kevin Murray to lead marketing efforts for the company’s Healthcare Finance Group.

March 9, 2016

Finance News People

Lancaster Pollard Promotes Chris Blanda to Senior Vice President

by Jeff Shaw March 9, 2016

COLUMBUS, Ohio — Lancaster Pollard has promoted Chris Blanda to senior vice president. Blanda provides debt capital solutions to health care and senior living clients in Indiana and Kentucky.

March 9, 2016

Assisted Living News

Blueprint Arranges $5.7M Sale of 74-Unit Assisted Living Community in Florida

by Jeff Shaw March 9, 2016

FORT MYERS, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Lamplight Inn of Fort Myers, a 74-unit assisted living community in Fort Myers, for $5.7 million.

March 9, 2016

Finance News

BMO Harris Launches $1B Healthcare Lending Platform, Hires Imran Javaid to Lead

by Jeff Shaw March 8, 2016

CHICAGO — BMO Harris Bank, a lender based in Chicago, has launched a healthcare real estate lending platform, through which the company plans to loan over $1 billion in coming years.

March 8, 2016

CCRC Development News

Historic Tacoma, Wash., Community Announces Three-Phase Expansion

by Jeff Shaw March 8, 2016

TACOMA, Wash. — Franke Tobey Jones, a 20-acre, 90-year-old, nonprofit continuing care retirement community in the Point Defiance neighborhood of Tacoma, has announced a three-phase expansion to the community.

March 8, 2016

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