NIC Preps for New Era of Senior Housing Data

As the senior housing industry continues to grow in sophistication, the technology that tracks it must also evolve to bring more transparency to the market. For more than two decades, the National Investment Center for Seniors Housing & Care (NIC) has been the go-to source for senior living operators, developers, investors and other industry stakeholders […]

Senior Housing Finance Activity: Ziegler, Arbor, Cushman & Wakefield, Greystone

Ziegler Secures $145 Million for Emerald Communities’ Heron’s Key Ziegler, a specialty investment bank and one of the nation’s leading underwriters for not-for-profit senior living provider financing, secured $145 million in financing for Heron’s Key in Gig Harbor, Washington. Heron’s Key is “life care retirement community” that will hold 194 independent living units and 45 […]

Capital One Acquires $8.5 Billion GE Healthcare Unit

In a blockbuster deal involving two of the nation’s leading senior housing financing companies, Capital One Financial Corp. has reached an agreement to acquire GE Capital Healthcare Financial Services for approximately $9 billion, officials announced Tuesday. The acquisition, slated for completion in the fourth quarter of 2015, grants Capital One approximately $8.5 billion of health […]

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 […]