Transactions & Financings: Ventas’ $490M Colony Capital Refinancing; BPM Senior Living Portfolio Sold

Ventas invests $490M in Colony Capital refinancing, announces $800M research development pipeline Ventas (NYSE: VTR) announced four new developments, totaling $800 million in its university-based research and innovation business, all in partnership with Wexford Science & Technology (“Wexford”), the leading developer of university-focused real estate solutions. These investments are part of $1.5 billion research and […]

Senior Housing Finance Activity: KeyBank, Lancaster Pollard

KeyBank Provides $192.5 Million For Texas Seniors Housing Portfolio Cleveland-based KeyBank Real Estate Capital has provided $192.5 million in Freddie Mac financing to Kayne Anderson Real Estate Advisors for a six-property seniors housing portfolio located throughout Texas. Charlie Shoop and Caleb Marten of KeyBank’s Commercial Mortgage Group structured the fixed rate loans that included 10-year […]

Senior Housing Finance Activity: HJ Sims Underwrites Record-Setting $240 Million Bond Issue

HJ Sims Underwrites $240 Million Public Bond Issue for Massachusetts Life Plan Community Fairfield, Connecticut-based HJ Sims, a privately held investment bank and wealth management firm, will serve as lead underwriter for the upcoming issue of refunding bonds for Massachusetts Development Finance Agency, for its NewBridge on the Charles Project. HJ Sims serves as underwriter along with […]

Senior Housing Finance Activity: CBRE, Grandbridge Real Estate Capital

CBRE Arranges Acquisition Financing for CA Ventures, Construction Financing for Belmont Village  Houston-based CBRE Capital Markets has arranged a portfolio acquisition financing on behalf of a joint venture between Chicago-based real estate investment holding company CA Ventures and a global investment manager for the CA Senior Living portfolio. The portfolio consists of four senior housing […]

Senior Housing Finance Activity: Capital One’s $551 Million Loan to KAREA

Capital One Provides Loans Totaling $551 Million to Kayne Anderson Bethesda, Maryland-based Capital One has provided two loans—a $251 million bridge loan and a $300 million Freddie Mac seniors housing revolving credit facility—to Kayne Anderson Real Estate Advisors (KAREA) for its purchase of Orlando-based Sentio Healthcare Properties, a public, non-traded real estate investment trust (REIT). […]

Senior Housing Finance Activity: KeyBank, Love Funding

KeyBank Arranges Loans for Affordable Seniors Housing Projects Cleveland-based KeyBank Real Estate Capital (NYSE: KEY) has arranged a $23.8 million Fannie Mae loan for Harmony Housing, a 501(c)(3) non-profit organization based Douglassville, Georgia. KeyBank’s John Gilmore, IV, and Jeff Rodham arranged the financing. The funds will be used to acquire three affordable and senior housing […]

Senior Housing Investments & Transactions: CBRE Arranges $77 Million Sale

CBRE Capital Markets Arranges $77.3 Million Sale, $50.5 Million Senior Housing Financing CBRE Capital Markets’ National Senior Housing team arranged the sale of two senior housing communities in Georgia to an affiliate of Arcapita Investment Management US for $77.25 million, or $327,330 per unit. The properties include the 146-unit Arbor Terrace Peachtree City located in […]

Senior Housing Finance Activity: Lancaster Pollard, RED Capital

Lancaster Pollard Helps Two California-Based Senior Living Providers Refinance Communities  Lancaster Pollard recently helped two California-based clients refinance their senior housing properties using the Fannie Mae Seniors Housing program. First, Lancaster Pollard assisted Sterling Senior Communities in completing a $19 million refinance of Tanner Springs, a 115-bed assisted living and memory care community in Oregon. […]

Movers & Shakers: CBRE’s Youngest Vice Chairman

CBRE Promotes New Vice Chairman CBRE Group, Inc. announced the promotion of Aron Will to vice chairman. He is CBRE’s youngest vice chairman to date. Will is currently the co-leader of the national senior housing debt and structured finance practice for CBRE Capital Markets, which specializes in the capitalization of independent living, assisted living, memory […]

Movers & Shakers: Capital Senior Living’s Board Nominee

Capital Senior Living Nominates Disney Veteran to Board of Directors Ed Grier has been nominated for election as a new director to the board of Capital Senior Living (NYSE: CSU, CEO Larry Cohen discussed during the company’s presentation at the Deutsche Bank 41st Annual Health Care Conference on May 5. Grier is currently the dean […]