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 […]

Senior Housing Finance Activity: PointClickCare Raises $85 Million

PointClickCare Closes $85 Million Financing Round, Postpones Potential IPO PointClickCare Technologies announced on Wednesday that it has closed an $85 million financing round led by San Francisco-based public and private investment firm Dragoneer Investment Group. JMI Equity also participated in the round. PointClickCare, based in Mississauga, Ontario, Canada, provides cloud-based software and services for the senior living […]

Senior Housing Finance Activity: Love Funding, NHI

Love Funding Closes $19 Million Loan for Affordable Apartment Community in Virginia Washington, D.C.-based Love Funding recently announced the closing of a $19 million loan meant to preserve and refurbish Tysons Tower, an 274-unit affordable senior housing community in Vienna, Virginia.  Tysons Tower was built in 1976 by The Fairfax Education Association Retirement Housing Corporation […]

Senior Housing Finance Activity: Love Funding, Capital Funding Group

Love Funding Secures $26.3 Million Loan Senior Apartment Community in Texas Washington, D.C.-based Love Funding, a provider of FHA multifamily, health care and affordable financing, recently closed a $26.3 million loan for the construction and permanent financing of Overlook at Prestonwood, a senior apartment community with 183 age-restricted apartments currently being developed in Carrollton, Texas.  Overlook […]

Senior Housing Finance Activity: CNL Healthcare Properties II Breaks Escrow

CNL Healthcare Properties II Breaks Escrow Orlando, Florida-based CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and health care properties, has raised proceeds sufficient to break escrow in all states except Pennsylvania, Ohio, and Washington through its continuous public offering. CNL Healthcare Properties II has accepted subscription […]

Senior Housing Finance Activity: OnShift, NorthPoint

KeyBank Provides $202.1 Million Loan for Texas-Based Independent Living Portfolio KeyBank Real Estate Capital provided $202.1 million in Freddie Mac financing to a joint venture between Discovery Senior Living and Kayne Anderson Real Estate Advisors for their Conservatory Senior Living portfolio, an independent living portfolio consisting of five properties in Texas. The Class A seniors housing […]

Senior Housing Finance Activity: NHI, Capital Funding

NHI Announces $14 Million Construction Mezzanine Loan National Health Investors, Inc. (NYSE: NHI), a real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments, has entered into a construction mezzanine loan commitment with its tenant, Senior Living Communities, LLC (SLC), for the development of […]

Senior Housing Finance Activity: CareTrust, Ziegler

CareTrust REIT, Inc. Announces Launch of Public Offering of Common Stock CareTrust REIT, Inc. (Nasdaq: CTRE) announced that, subject to market and other conditions, it plans to offer to sell 7.5 million shares of its common stock in an underwritten public offering. The company also expects to grant the underwriters a 30-day option to buy […]