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 Investments & Transactions: Ventas Completes $1.5 Billion Portfolio

Ventas Completes Acquisition of $1.5 Billion Life Sciences Portfolio Health care real estate investment trust (REIT) Ventas Inc. (NYSE: VTR) completed its previously announced acquisition of a $1.5 billion portfolio of Wexford Science & Technology, LLC life sciences buildings. Ventas acquired the properties from affiliates of Blackstone Real Estate Partners VIII L.P., completed Sept. 1. […]

Editor’s Picks: ABHOW and be.group Pick Leadership Team

This week, Senior Housing News readers learned how distress in the health care industry overall might impact senior housing, why National Health Investors Inc. (NYSE: NHI) is keen on skilled nursing, and delved into the mind of Marquis Companies President and CEO Phil Fogg. This Week in Review  California’s Largest Nonprofit Senior Living Provider Announces Leadership […]

Senior Housing Investments & Transactions: HFF, NHI

HFF Closes Sale of Seniors Housing Community in Florida Dallas-based Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of a seniors housing community in Melbourne, Florida, called Sonata at Melbourne. HFF marketed the community on behalf of the seller. Kayne Anderson Real Estate Advisors, a real estate private equity investor in off-campus student […]

HCP Re-Hires Former Chief Financial Officer

In terms of leadership, HCP Inc. (NYSE: HCP) is returning to what it knows. The Irvine, California-based real estate investment trust (REIT) has re-hired Tom Herzog to serve as the company’s executive vice president and chief financial officer, effective June 27. Herzog previously served as HCP’s CFO from 2009 to 2011.  “We are thrilled to welcome […]

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 […]

Movers & Shakers: Capital One’s SVP, Chief Underwriter

Capital One Appoints SVP, Chief Underwriter for Multifamily Finance Capital One announced the appointment of Cortney Mauldin as senior vice president and chief underwriter for multifamily finance. In this role, Mauldin will be responsible for the oversight and quality control of all underwriting functions related to Federal Housing Administration (FHA) insured transactions, including health care and senior […]

Movers & Shakers: NHI’s Executive Vice President of Finance

National Health Investors Hires New Executive Vice President of Finance National Health Investors (NYSE: NHI) announced the hire of John Spaid as the company’s executive vice president of finance. In his new role, Spaid will be responsible for the real estate investment trust’s banking relationships and financial transactions. Spaid joins NHI with nearly 30 years […]

Senior Housing Investments & Transactions: NHI, Greystone Real Estate Advisors

National Health Investors Acquires $9.8 Million Independent Living Community National Health Investors, Inc. (NYSE: NHI), a real estate investment trust (REIT), has acquired a 98-unit independent living community in Chehalis, Washington, for a total investment of $9.8 million, including $350,000 for capital improvements. NHI leased the community to a partnership between Marathon Development and Village […]