Senior Housing Finance Activity: Lancaster Pollard, Walker & Dunlop

Lancaster Pollard Closes Over $136M Senior Housing Transactions in May  In May, Lancaster Pollard closed 21 seniors housing transactions totaling over $136 million. One of the transactions was a $23.5 million FHA Sec. 232 new construction loan for an assisted living/Alzheimer’s care facility in Virginia. Two of the transactions were FHA Sec. 232/241(a) expansion projects […]

Senior Housing Finance Activity: Berkadia, RED Capital, Oak Grove

Grandbridge Refinances $7M for Ga. Senior Housing Community  The Atlanta-based Seniors Housing and Healthcare Finance team of Grandbridge Real Estate Capital closed a $7,064,700 first mortgage loan secured by Presbyterian Home and Retirement Community of Quitman. The transaction was referred to Grandbridge by BB&T bank. Funding for the full amortizing 35-year refinance was provided through […]

Senior Housing Finance Activity: Ziegler, Capital One, Oak Grove

Here’s a roundup of some of the most recent financing transactions in senior housing and care. Berkadia Secures Over $156M in Financing for Capital Senior Living Berkadia Commercial Mortgage LLC (Berkadia) worked with Capital Senior Living Corporation to arrange $156.6 million in financing for a portfolio of 15 seniors housing properties located across seven different […]

Senior Housing & Care Finance Activity: KeyBank, Capital One, Grandbridge

Grandbridge Real Estate Capital Facilitates $7 Million Financing for ALF Renovation Grandbridge Real Estate Capital recently facilitated the financing for an affiliate of The Carlyle Group’s joint venture with Atlanta-based Formation Development Group to acquire and renovate The Renaissance on Peachtree, an assisted and independent living community located in the Buckhead neighborhood of Atlanta, Ga. […]

An Inside Look at How Senior Care Lenders are Responding to Rate Cuts

Excellent communication, a good reputation, and solid financials are crucial to senior care operators’ ability to get financial support in the current economic and reimbursement environment, said a panel of financiers during a session on how lenders are responding to Medicare rate cuts at NIC’s 2012 Skilled Nursing Investment Forum. Key Considerations for Developing Operator-Lender […]