Interest Rate Hike Makes Senior Housing HUD Loans More Attractive

The Department of Housing and Urban Development’s Section 232 Healthcare Mortgage Insurance program has always been attractive to some senior housing borrowers—and that likely won’t change under President Donald Trump. In fact, HUD financing may become even more enticing to senior housing borrowers this year, especially with The Federal Reserve on Wednesday raising its benchmark […]

Senior Housing Finance Activity: Walker & Dunlop, HHC Finance

KeyBank Closes Acquisition Loan for Three Senior Housing Communities in Pennsylvania KeyBank Real Estate Capital’s healthcare platform recently closed an acquisition loan for Baltimore-based Capital Health Group to purchase three senior housing communities located in Southeast Pennsylvania. Together, the communities have more than 500 units. Shortly after purchasing the portfolio, Capital Health Group refinanced Key’s acquisition/bridge […]

New Reports, Webinars & White Papers — SHN Resource Library

Can’t get enough Senior Housing News? SHN brings daily updates and analysis to the senior living industry through our website and daily email subscription. Visit our Resource Library and find in-depth analysis and reporting on the most relevant topics shaking up the industry today, all available for download to help shape and inform your senior […]

Movers & Shakers: HHC Finance’s New CEO

Housing & Healthcare Finance Announces New CEO Housing and Healthcare Finance (HHC) announced Keith D. Reuben as its new CEO. In addition, Erik Lindenauer will serve as the firm’s executive chairman, and Richard Lerner will serve as the firm’s executive vice chairman. The three will comprise HHC’s board. Reuben brings more than 20 years of […]

Senior Housing Finance Activity: Dwight Capital, Cushman & Wakefield

Dwight Capital Funds $42 Million of HUD Loans in December Dwight Capital, a national provider of commercial loans, has announced that it has funded $41.5 million in Department of Housing and Urban Development (HUD) loans for three multifamily and senior housing properties.  The properties include: Highland Park Apartments in Denver, Colo., Reserve at Towne Crossing […]

HUD’s Senior Living Refi Boom is Over

After a blockbuster year for The Department of Housing and Urban Development’s (HUD) lean mortgage insurance program in senior housing, volume fell more than 25% in fiscal year 2014, marking the end of a boom for government financing in the sector. But the news isn’t all bad, say the finance companies that work regularly with […]

Senior Housing Finance Activity: Berkadia, RED Capital, HHC Finance

Berkadia Secures $44 Million for N.Y. Skilled Nursing Facilities Berkadia Commercial Mortgage LLC recently arranged $43.9 million of financing for two skilled nursing facilities located in Nassau County and Dutchess County, N.Y. Vice President Jay Healy of Berkadia’s Seniors Housing and Healthcare group worked with the owner of both properties to secure the fixed-rate financing. […]