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.” …
HOOSICK FALLS, N.Y. — Marcus & Millichap has arranged the sale of a skilled nursing facility located in Hoosick Falls, a town roughly 30 miles northeast of Albany. Situated on 3.9 acres, the property was built in 1954 and expanded in 1995 and totals 82 beds. Joseph Knapp and John Horowitz of Marcus & Millichap represented the seller, an undisclosed nonprofit, in the transaction.
MURFREESBORO, Tenn. — National Health Investors (NYSE:NHI) has executed an agreement to sell a portfolio of properties to National HealthCare Corp. (NHC) for a total of $560 million. The portfolio includes 32 skilled nursing facilities and three independent living facilities. NHC currently operates the properties on a lease. In 2025, the portfolio generated cash lease revenue of roughly $39.7 million for NHI. According to NHI, the company expects this move to strategically increase its concentration in the category of private-pay seniors housing. Following the transaction, NHI’s senior housing operating portfolio (SHOP) …
NEW YORK CITY — MonticelloAM has provided $46 million in financing for a skilled nursing portfolio located in Washington. The financing includes a $40 million bridge loan and a $6 million working capital line of credit, with a 36-month initial term. Totaling five properties with more than 400 licensed beds, the portfolio features four skilled nursing facilities and one skilled nursing and independent living community. The borrower, which owns more than 80 healthcare properties across nine states, used the loan proceeds to acquire the portfolio.
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