Senior Housing Finance Activity: Grandbridge, Lancaster Pollard

Grandbridge Facilitates Funding of $125 Million Seniors Housing Portfolio Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance Group recently facilitated the purchase of a $125 million seniors housing portfolio secured by four independent living seniors housing communities in four states. Funding for the assumption and supplemental loans was funded via Fannie Mae’s DUS® Seniors […]

Senior Housing Finance Activity: HFF, Capital Funding Group

HFF secures $41.5 Million Financing for Seniors Housing Portfolio in Sacramento, CaliforniaHolliday Fenoglio Fowler, L.P. (HFF) recently announced that it has secured financing worth $41.547 million for a three-property seniors housing portfolio in Sacramento, California. HFF worked on behalf of an affiliate of Harbert Management Corporation (HMC)—Harbert Seniors Housing Fund I, LP—to secure the seven-year, floating-rate […]

Trending Now: Three Hot-Button Issues for Senior Housing Execs

This coverage of the 2016 National Investment Center for Seniors Housing & Care Fall Conference is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing event coverage of the NIC conference, which draws […]

Movers & Shakers: Brookdale Loses CMO, Berkadia’s New Investment Sales Platform

Leader Tapped for Berkadia’s New Investment Sales Platform Berkadia is launching an investment sales platform within its Seniors Housing and Healthcare Group, and has named Senior Director Jason Krug to lead. Krug is based out of the Detroit office of Berkadia, which is a joint venture of Berkshire Hathaway and Leucadia National Corporation, and offers […]

Senior Housing Finance Activity: Health Care REIT, CBRE

Health Care REIT Purchases $56.7 Million Fort Collins Complex  Health Care REIT (NYSE: HCN) purchased a senior living complex in southeast Fort Collins, Colorado for $56,740,000. The Ohio-based REIT bought the property, MacKenzie Place on Aug. 31, marking its eighth senior housing purchase in Colorado. The property is located at 4750 Pleasant Oak Drive and […]

Senior Housing Finance Activity: GE Capital, Berkadia

GE Capital Provides $48.5M Financing for Acquisition of Four Ariz. Senior Care Facilities  GE Capital’s Healthcare Financial Services (HFS) business was the administrative agent and a lender on a $48.5 million financing to a joint venture among LTC Properties Inc., Silverstone Healthcare Real Estate and Senior Lifestyle Corp. The funds were used for the acquisition […]

KeyBank Tops Fannie Mae Senior Housing Lender Rankings

KeyBank National Association has been the No. 1 Fannie Mae lender in the senior housing sector for three consecutive years, according to rankings released Monday. Berkadia Commercial Mortgage, LLC claimed the second spot in the latest rankings, for 2014. Berkadia ranked No. 4 in 2013, which was the first year for which Fannie Mae named the […]

Lenders See Senior Housing Crossroads Ahead for HUD

Despite hurdles presented by the government shutdown in October, the landscape for Department of Housing and Urban Development senior housing and healthcare lending is looking much brighter, though a crossroads is expected ahead. The hurdles were not inconsequential, say those in the HUD lending space, as the shutdown on October 1 came just days after […]

Senior Housing Finance Activity: Prudential, Ziegler, Berkadia, & More

SQLC Completes $119 Million Financing for Ind. CCRC Senior Quality Lifestyles Corporation and its affiliate Mayflower Communities, working in partnership with St. Vincent Health, announced last week they had completed financing for The Barrington of Carmel, a 501(c)3 nonprofit continuing care retirement community (CCRC).  Financing was completed through the sale of $119,020,000 in Series 2012 […]

Senior Housing Finance Activity: Berkadia, Love Funding, Prudential

Berkadia Arranges $40 Million Financing for Va. Senior Housing Property Berkadia Commercial Mortgage LLC recently originated $39.7 million in financing through Fannie Mae for a senior living community located in Richmond, Va.  Heidi Brunet, vice president at Berkadia, worked with the borrower, Smith/Packett, to secure a 10-year, fixed-rate financing with features including a 70% loan-to-value […]