HMC Raises $510 Million For Senior Housing Fund

Alternative asset management firm Harbert Management Corporation (HMC) has announced the final close of a fund that secured approximately $510 million worth of equity commitments to target the U.S. senior housing industry. HMC’s Harbert Seniors Housing Fund II has to date closed eight transactions, three of which were joint venture development projects. The investments ultimately […]

Senior Housing Finance Activity: HFF, Capital Funding Group

HFF secures $41.5 Million Financing for Seniors Housing Portfolio in Sacramento, CaliforniaHolliday Fenoglio Fowler, L.P. (HFF) recently announced that it has secured financing worth $41.547 million for a three-property seniors housing portfolio in Sacramento, California. HFF worked on behalf of an affiliate of Harbert Management Corporation (HMC)—Harbert Seniors Housing Fund I, LP—to secure the seven-year, floating-rate […]