Walker & Dunlop Raises HUD Profile with $3.8 Billion Servicing Portfolio

Walker & Dunlop, a major financing firm for the senior housing industry, has a new distinction: the largest servicer for HUD multifamily and health care loans in the country. That’s following the purchase of servicing rights associated with a $3.8 billion portfolio from Oppenheimer Multifamily Housing & Healthcare Financing Inc. The transaction involves a purchase […]

Senior Housing Finance Activity: Mainstreet Health Investments, Capital One

Mainstreet Health Investments to Seek $95 Million in Canadian Share Offering Toronto-based Mainstreet Health Investments Inc. is planning to raise $95 million by listing on the Toronto Stock Exchange and selling shares in Canada. Mainstreet Health Investments, which owns 11 seniors housing and care properties in Illinois, is controlled by Carmel, Indiana-based real estate developer Mainstreet Property Group. […]

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: Capital Funding Group, HHC Finance

Capital Funding Group Closes 3 Bridge-to-HUD Loans For Skilled Nursing Facility Acquisitions Capital Funding Group, a full-service provider of comprehensive financing solutions for health care facilities across the country, announced the closing of three bridge-to-HUD loans for acquisitions in North Carolina, Texas and California. A $10.8 million bridge-to-HUD loan will finance the acquisition of Creekside […]

Editor’s Picks: Top Execs’ 2016 Predictions

Now that 2016 is in full swing, Senior Housing News collected predictions for the year ahead from some of the top executives in senior housing. Readers also were interested in Holiday Retirement’s refinancing in the amount of $1.27 billion, as well as how more providers are refurbishing existing independent living products to maintain a competitive […]

Holiday Secures $1.27 Billion ‘Mega’ Financing

Following the news earlier this week of a major leadership shakeup that ushered in a new CEO, it was announced that Holiday Retirement has secured a $1.27 billion refinancing. Walker & Dunlop, Inc. (NYSE: WD) originated the refinancing for the nation’s largest independent living provider. It was the largest transaction closed in Walker & Dunlop history. The […]

Senior Housing Finance Activity: Walker & Dunlop, CBRE

Walker & Dunlop Arranges $39.7 Million Loan in Honolulu, Hawaii, $5 Million Construction Loan in Murfreesboro, Tennessee Walker & Dunlop, Inc. (NYSE: WD), a commercial real estate finance company providing financing and investment sales to owners of multifamily and commercial properties, announced it arranged a $39.69 million loan for Plaza at Pearl City in Honolulu, […]

Senior Housing Finance Activity: Lancaster Pollard, Walker & Dunlop

Lancaster Pollard Closes Over $136M Senior Housing Transactions in May  In May, Lancaster Pollard closed 21 seniors housing transactions totaling over $136 million. One of the transactions was a $23.5 million FHA Sec. 232 new construction loan for an assisted living/Alzheimer’s care facility in Virginia. Two of the transactions were FHA Sec. 232/241(a) expansion projects […]

In the Pipeline: Senior Housing Construction Projects (6/18/15)

Construction: Planned Big Rock Partners Selects Construction Manager for $60 Million Luxury Community in Fla.  Big Rock Partners, a national real estate investment management and development firm headquartered in Beverly Hills, Calif., has selected Balfour Beatty Construction to serve as construction manager for a resort-style, $60 million senior living rental community under development in Celebration, […]