Here’s a roundup of some of the most recent financing transactions in senior housing and care. Cushman & Wakefield Arranges $48.2M in Development Capital for Two Mass. Senior Housing Projects Cushman & Wakefield’s Senior Housing Capital Markets, part of the firm’s equity, debt and structured finance service line, arranged $48.2 million of senior construction financing […]
Greystone
Senior living communities are bustling with change, as many of them appoint new directors and executive leadership to manage staff, residents and resources. Looking for a new job, or even a new career? Check out senior housing employment opportunities nationwide on SHN’s job board, with La Costa Glen Carlsbad in California, Holy Redeemer Health […]
Here’s a roundup of some of the most recent financing transactions in senior housing and care. Greystone Provides $36 Million HUD Loan to Refinance N.Y. Skilled Nursing Facility Greystone, a national provider of multifamily and healthcare mortgage loans, announced June 9 it provided a $36.7 million HUD loan to refinance a 314-bed skilled nursing facility […]
Aviv REIT Acquires Kentucky Skilled Nursing Facility for $6 Million Aviv REIT, Inc. (NYSE: AVIV) announced June 2 the acquisition of a Kentucky-based post-acute and long-term care skilled nursing facility for $6 million. The SNF is triple-net leased to existing Aviv operator Diversicare Healthcare Services, an operator of 49 facilities in 9 states. The acquisition […]
After a relatively flat market for continuing care retirement community finance following the housing crash and subsequent recession, financing activity is coming back—and then some—in even the hardest hit areas like Florida. SantaFe Senior Living, a not-for-profit affiliate of SantaFe Healthcare, Inc. saw the product of the downturn firsthand when it brought a strategic repositioning […]
As the number of seniors housing finance players continued to expand over the course of 2013, and more liquidity came into the market, several lenders posted big originations numbers both in terms of origination counts and dollar volume of lending facilitated. Topping the list for last year’s originations for senior housing specified as age restricted […]
Ziegler Closes $73 Million Financing for Ill. CCRC Development Ziegler recently closed issuance on $73,465,000 of Series 2014 tax-exempt, fixed-rate bond financing for the development of MRC The Crossings in League City, Texas, sponsored by Methodist Retirement Communities, a not-for-profit corporation. In December of 2012, MRC purchased approximately 19 acres and began funding the pre-development […]
Housing & Healthcare Finance Closes $58M in HUD Loans During November and December Housing & Healthcare Finance closed a total of $58,789,000 in HUD loans. The loans included a total of $22.5 million in HUD Section 232/223(f) loans to refinance four skilled nursing facilities in Missouri. Another $19.4 million of loans were through the HUD […]
In case you missed it, here are the top five stories grabbing Senior Housing News readers’ attention this week: Freddie Mac Unveils New Senior Housing Product, Greystone First to Market—Freddie Mac released a revolving credit product specific for senior housing borrowers. Greystone was the first to secure the credit facility for a developer client, in […]
Greystone Closes $117 Million Portfolio Acquisition of Affordable & Senior Housing Greystone recently announced the closing of a $117 million multifamily transaction in Georgia to be used toward the acquisition and rehabilitation of 44 affordable housing properties, more than half of which are designated senior housing. The portfolio contains 1,362 units that serve low-income households in […]