Cambridge Realty Capital provided a $2,140,900 first mortgage loan to refinance Wells Point Lodge located in Pflugerville, Texas. Anthony Marino, Cambridge Managing Director, reported that the fully-amortized, 35-year loan was provided for the owner...
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November 20, 2023, 06:00 AM
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First Citizens Bank announced that its Healthcare Finance group, part of the CIT division, provided $30 million to refinance the Amavida Living Community in Fort Myers, Florida. Amavida is a 387-unit senior housing community consisting of 251...
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AlerisLife, formerly known as Five Star Senior Living, closed a $95 million senior secured term loan with Midcap Funding VIII Trust (“MidCap”), as administrative agent and lender, of which $63 million is currently outstanding. The remaining loan...
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January 31, 2022, 08:00 AM
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CIT Group's Healthcare Finance business served as sole lead arranger of $34 million to refinance the Enclaves at Chandler, a senior housing community located in Chandler, Arizona. The financing was provided to Spectrum Retirement Communities LLC, a...
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December 17, 2021, 07:31 AM
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Oxford Finance closed a $28 million senior credit facility to AvantGarde Senior Living, A Luxurious Senior Living Community™. The funds are being used to refinance existing debt on one facility located in Tarzana, California.Founded in 2008...
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Oxford Finance closed a $24 million senior credit facility with Lantern Group, an owner and operator of skilled nursing and assisted living facilities. The funds were used to acquire three assisted living and memory care facilities located in Ohio...
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Greystone and MONTICELLOAM announced their intention to combine their senior housing and healthcare lines of business under a new joint venture. The joint venture is anticipated to become a leading one-stop-shop provider of capital finance products...
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Oxford Finance closed a $57.2 million senior credit facility and revolving line of credit to Pointe Group Care LLC ("PGC"), an owner and operator within the skilled nursing and assisted living industry.The funds were used for working capital, to...
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Oxford Finance closed a $23.5 million senior credit facility and revolving line of credit to Prosper Life Care Inc., a management company with over three decades of combined experience in healthcare, Prosper Life specializes in assisted living and...
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February 04, 2021, 08:00 AM
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MONTICELLOAM, LLC and its affiliates (Monticello), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $38 million in first lien debt financing for the acquisition of one mixed-use rental...
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February 14, 2020, 09:00 AM
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Capital One announced that it served as administrative agent for a $108.9 million loan to a joint venture owned by Sino-Ocean Capital and Meridian Senior Living. The borrower will use a portion of the proceeds to acquire two senior housing...
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October 22, 2019, 08:30 AM
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Capital One’s annual survey of seniors housing and long-term care executives has found that the industry remains optimistic about acquisitions of existing properties and repositioning of older facilities as they look to the next 12 months. Thirty-six...
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September 11, 2019, 08:51 AM
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Capital One announced that it provided a bridge loan to Bridge Investment Group Partners for the acquisition of an eight-asset, 1,359-unit seniors housing portfolio from Somerby Senior Living. Somerby, an affiliate of Dominion Partners, is a leading...
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February 19, 2019, 10:02 AM
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Capital One announced that it served as lead arranger and sole bookrunner on an amended and restated agreement for Brookdale Senior Living’s revolving credit facility that closed in December 2018. Brookdale is the leading operator of senior living...
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February 06, 2019, 07:09 AM
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Capital One’s annual survey of seniors housing and long-term care executives has found that industry leaders are maintaining their optimistic outlook for M&A activity for the upcoming year. Ninety-two percent of executives foresee M&A activity...
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October 22, 2018, 07:12 AM
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Capital One’s annual survey of seniors housing and long-term care executives has found that industry leaders are maintaining their optimistic outlook for M&A activity for the upcoming year. Ninety-two percent of executives foresee M&A activity...
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October 19, 2018, 07:00 AM
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Five Star Quality Care, Inc. announced that it has entered into a new $100 million secured revolving credit facility, with terms substantially the same as its previously existing facility that was scheduled to mature on April 17, 2017. The new credit...
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February 27, 2017, 07:10 AM
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Triumph Healthcare Finance, a provider of asset based lending solutions for small to mid-sized healthcare companies nationwide, announced it will provide Creative Solutions in Healthcare with a $20 million asset-based working capital facility to...
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February 12, 2016, 07:30 AM
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The Ensign Group, Inc. announced that Ensign and its operating subsidiaries have increased its revolving credit facility by $100 million to an aggregate of $250 million, $105 million of which was drawn as of February 1, 2016. The credit facility is...
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February 08, 2016, 07:51 AM
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Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner, it provided a GOLD financing and equity co-investment to support the acquisition of Active Day Senior Care by Audax Private Equity. GOLD financings are...
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December 10, 2015, 07:28 AM
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Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $7 million senior secured term loan and a $1 million revolving line of credit with Shady Shores...
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September 28, 2015, 07:46 AM
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Brookdale Senior Living Inc. has entered into an amended and restated $500 million credit facility with lenders led by GE Capital, Healthcare Financial Services, as administrative agent. The amended facility replaces the company's existing $250...
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December 22, 2014, 07:24 AM
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