Capital Funding Group Closes $6.8 Million Bridge-to-HUD and $19.8 Million HUD 232 Loan Capital Funding Group closed a $19.79 million HUD 232 new construction loan for Transitional Care of Arlington Heights in Arlington Heights, Illinois, as well as a $6.8 million bridge-to-HUD loan for Village Square Skilled Nursing Facility in San Marcos, California. Village Square Skilled […]
Capital One
Capital One Appoints SVP, Chief Underwriter for Multifamily Finance Capital One announced the appointment of Cortney Mauldin as senior vice president and chief underwriter for multifamily finance. In this role, Mauldin will be responsible for the oversight and quality control of all underwriting functions related to Federal Housing Administration (FHA) insured transactions, including health care and senior […]
The Ensign Group Announces $250 Million Revolving Credit Facility The Ensign Group, Inc. (Nasdaq: ENSG), which is based in Mission Viejo, California, announced that Ensign and its operating subsidiaries have boosted its revolving credit facility by $100 million to an aggregate of $250 million, $105 million of which was drawn as of Feb. 1. The credit […]
Just under half of U.S. health care industry leaders expect mergers and acquisitions to be their preferred methods of growth in 2016, according to a new survey from Capital One (NYSE: COF). A vast majority also are feeling good about financial performance this coming year. Specifically, 41% of U.S. healthcare industry leaders anticipate that mergers […]
Capital One Named Top Lead Arranger for Health Care Leveraged Loans Up to $1 Billion Capital One has been named the No. 1 lead arranger for health care leveraged loans up to $1 billion in size, according to Thomson Reuters. The acquisition of GE Capital’s Healthcare Financial Services lending business, which held the top spot […]
The senior housing industry has been booming since the end of the recession, prompting some in the sector to return their attention to an asset that struggled during the economic downturn: independent living. Whereas independent living was among the most popular property types pre-recession given its low barrier to entry and apartment-like setup, the economic downturn […]
New senior housing development reached a peak in the third quarter of 2015, hitting the highest level of activity the industry has seen since the National Investment Center for Seniors Housing and Care (NIC) began recording such data in 2008. About 44,000 senior living units were under construction as of Sept. 30 in the nation’s 99 […]
Walker & Dunlop Arranges $39.7 Million Loan in Honolulu, Hawaii, $5 Million Construction Loan in Murfreesboro, Tennessee Walker & Dunlop, Inc. (NYSE: WD), a commercial real estate finance company providing financing and investment sales to owners of multifamily and commercial properties, announced it arranged a $39.69 million loan for Plaza at Pearl City in Honolulu, […]
Merger and acquisition activity in the senior housing market is at a high point, and new construction is high enough levels to drive concerns about oversupply. With all of this recent activity, it is important to know what differentiates smart acquisitions and builds from unwise ones. One particularly important metric is penetration rate, according to […]
In today’s senior living market, understanding the metrics required to get attention from lenders and investors is more critical than ever. Our panel takes an in-depth look at the financial metrics required to successfully navigate obtaining financing or repositioning an asset for long-term success. Whether it is a standalone asset for new development, an acquisition, […]
Subscribe
Receive industry updates and breaking news from SHN