BALTIMORE — CFG has provide a $70.8 million bridge loan for the acquisition of a skilled nursing portfolio located in Ohio. The portfolio totals 418 beds across five properties. Andrew Jones and Ava Julio of CFG originated the financing for the undisclosed borrower.
CHICAGO — Cambridge Realty Capital has arranged $21.5 million in bridge-to-HUD acquisition financing for a skilled nursing facility totaling 108 beds in Kentucky. A regional commercial bank provided the first mortgage loan to the undisclosed borrower. Cambridge’s HUD LEAN platform will be used to refinance the bridge loan Zach Scardina of Chicago-based Cambridge led the financing.
SEVIEVILLE, Tenn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a skilled nursing community located in Sevieville near the foothills of the Great Smoky Mountains. The facility is situated on 9 acres and totals 98 beds. According to SLIB, the seller, a Tennessee-based non-profit, received 18 offers for the property. Ryan Saul and Patrick Burke brokered the transaction.
BALTIMORE — Capital Funding Group (CFG) has provided $318.8 million in financing across two transactions for a skilled nursing operator. The transactions include $288.8 million in acquisition financing for a portfolio of 22 skilled nursing facilities totaling 1,884 beds, as well as a $30 million working capital line of credit for the borrower’s full skilled nursing portfolio. The portfolio totals 40 properties and 4,224 beds across Missouri, Kansas and Ohio. Andrew Jones and Catherine Mansel of CFG originated the acquisition financing, and Jeff Stein and Jim Ginty originated the working capital …
MOORE COUNTY, N.C. — Berkadia has arranged a $12.5 million HUD-insured loan for the refinancing of a skilled nursing property located in Moore County, North Carolina. Built in 1992, the facility totals 144 beds. The borrower has operated the property since 2019. In 2024, the borrower exercised an option from the original lease to acquire the leased fee interest in the community. The new loan will be used to retire all acquisition-related financing. Jay Healy and Andrew Lanzaro of Berkadia secured the financing on behalf of the borrower.
NEW YORK CITY — MonticelloAM has provided $435 million in financing for a skilled nursing portfolio located in Maryland. Totaling more than 1,890 beds, the portfolio comprises 14 facilities. The borrower owns and operates roughly 115 skilled nursing and assisted living properties throughout the Eastern U.S. and Sunbelt. In addition to a $400 million acquisition loan, the financing includes a $35 million working capital line of credit. “This closing came down to conviction in the sponsor and the assets,” says Jack Lally of New York City-based MonticelloAM. “They’ve done these complex …
NEW YORK CITY — MonticelloAM has provided $144 million for the financing of a skilled nursing portfolio located in the state of Washington. Totaling six facilities, the portfolio comprises 720 licensed beds. The financing includes a $140 million bridge loan and a $4 million working capital line of credit, with a 36-month initial term. The borrower was not disclosed.
Navigating complex, siloed operating systems to update residents’ medical data is a common source of frustration for managers of seniors housing portfolios. At Leisure Care, one of the nation’s largest privately held retirement and assisted living companies, this particular pain point was consuming much of the clinical staff’s working hours and detracting from their available time to care for residents. Diane Umayam, Leisure Care’s vice president of Health Services at the Seattle, Washington-based organization, noted that the electronic health record (EHR) software her teams were using often required them to …
Seniors Housing Business and EyeWatch LIVE held the webinar, “The Case for Prevention — How Senior Living Operators Are Reducing Falls by 69%,” on April 22. The panel examined what a prevention-driven approach to resident safety looks like in practice — and what it means for occupancy, liability exposure, and asset value. Panelists Marisa Strain of SRI Management, Melissa Gassaway of YourLIFE Senior Living, Richard Dahm of Gallagher Insurance and Valerie Whitman of EyeWatch LIVE shared perspectives on staff adoption and claims defensibility — as well as how AI-powered virtual …
BALTIMORE — Capital Funding Group (CFG) has provided a $72.4 million bridge loan for the refinancing of a skilled nursing portfolio located in the Southeast. The nine facilities included in the portfolio are located throughout Georgia, North Carolina and South Carolina. “This transaction reflects the continued demand we’re seeing from experienced operators looking to unlock value and position their portfolios for long-term growth,” says Erik Howard, president of CFG Bank. “We focus on aligning capital with our clients’ broader strategy, supporting immediate priorities while strengthening the foundation for continued portfolio performance.” …
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