Senior Housing Finance Activity: CBRE, LTC Properties

CBRE Arranges $48M Acquisition Financing for Ariz. Seniors Housing Portfolio  CBRE National Senior Housing arranged a portfolio sale and acquisition financing for the Golden Pond Portfolio. The portfolio consists of a 26-acre, three property (430-unit) campus in Peoria/Sun City, Ariz. and a 148-unit assisted living/memory care community in Yuma, Ariz.  CBRE secured a $48.5 million, […]

Senior Housing Finance Activity: Cambridge, MidCap Financial

Lancaster Pollard Provides $5M Acquisition Financing for N.C. AL, Dementia Care Facility  Lancaster Pollard’s recently launched finance company provided a $5.3 million balance sheet loan to fund Meridian Senior Living’s acquisition of Lawyer’s Glen Retirement Living Center. Lawyer’s Glen Retirement Living Center is an 82-bed licensed assisted living (AL) and dementia care facility located in Charlotte, N.C. […]

Senior Housing Finance Activity: Berkadia, RED Capital, Oak Grove

Grandbridge Refinances $7M for Ga. Senior Housing Community  The Atlanta-based Seniors Housing and Healthcare Finance team of Grandbridge Real Estate Capital closed a $7,064,700 first mortgage loan secured by Presbyterian Home and Retirement Community of Quitman. The transaction was referred to Grandbridge by BB&T bank. Funding for the full amortizing 35-year refinance was provided through […]

Senior Housing Finance Activity: Ziegler, Lancaster Pollard, Oak Grove

Ziegler Closes $24.16M Financing For North Carolina CCRC Ziegler, a specialty investment bank, closed a $24,160,000 Series 2014 tax-exempt non-bank qualified transaction issued by the North Carolina Medical Care Commission for Deerfield Episcopal Retirement Community (Deerfield), a new client to Ziegler. Deerfield is a Type-A LifeCare continuing care retirement (CCRC) operator located on 125-acres in […]

Senior Housing Finance Activity: Ziegler, Capital One, Oak Grove

Here’s a roundup of some of the most recent financing transactions in senior housing and care. Berkadia Secures Over $156M in Financing for Capital Senior Living Berkadia Commercial Mortgage LLC (Berkadia) worked with Capital Senior Living Corporation to arrange $156.6 million in financing for a portfolio of 15 seniors housing properties located across seven different […]

Senior Housing Finance Activity: Greystone, Oak Grove, Cambridge

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 […]

Senior Housing Finance Activity: Lancaster Pollard, Prudential Financial and More

Avision Young Secures $8.75M to Recapitalize Manhattan Memory Care Facility Avison Young’s New York City-based Debt, Equity & Loan Sales team recently sourced $8.75 million of preferred equity to recapitalize Manhattan’s only dedicated memory care facility, Upper East Side Senior Residence. The Avison Young team of Principal Justin Piasecki, Vice-President Aaron Iskowitz and Associate Peter […]

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. […]