Dwight Capital Secures Two $20M+ Skilled Nursing HUD Loans; Helios Logs $27M Sale

Dwight Capital closed a $25.68 million Department of Housing and Urban Development (HUD) 232/223(f) loan for Graceland Rehabilitation and Nursing Center, a 221-bed skilled nursing facility located in Memphis, Tenn., and a $23.83 million HUD 232/223(a)(7) loan for Eastchester Rehabilitation and Health Care Center, a 200-bed SNF located in the Bronx, N.Y. The closings were […]

Tryko Expands Again with PA Pickup; Monticello Provides $41M for Two-SNF Refinance

Tryko Partners, a private equity firm based in Brick, N.J., purchased the Harlee Manor and Springfield Commons campus in Springfield, Pa., adding 173 skilled nursing beds and personal care units to the firm’s Philadelphia regional portfolio, according to a statement announcing deal. The campus and its facilities were renamed Springfield Enhanced Senior Living and are […]

$32.4M HUD Loan for Chicago’s Legacy Healthcare; Kansas SNF Portfolio Lands $15.5M in Financing

Harborview Capital Partners arranged a $32.4 million Department of Housing and Urban Development (HUD) Section 232/223(f) loan for the refinancing of a 210-bed skilled nursing facility for the Chicago-based operator Legacy Healthcare. The loan features a 35-year term and “amortization at an extremely aggressive rate,” according to a statement announcing the deal. Ephraim Kutner, Jonathan […]

Monticello Lands $32M Refinance on Single SNF; Greystone’s $62M Skilled Nursing Portfolio Deal

MONTICELLOAM, LLC and its affiliates this week announced the completion of a $32 million refinance for a 177-bed skilled nursing facility in Maryland. The New York City-based private real estate lender and asset manager, collectively known as Monticello, also provided a $2 million working capital loan through its asset-based lending arm, Monticello Commercial Capital, LLC. […]

$37.8M Financing for Two SNFs in New Jersey; Lancaster Pollard Lands Multiple Loans

Lancaster Pollard Mortgage Company helped provide financings for skilled nursing facilities in Michigan and South Carolina, while also landing a $42 million Fannie Mae refinance for a continuing care retirement community (CCRC). In Michigan, Lancaster Pollard assisted Riverview Health with the refinance of two of its communities in Detroit. Lancaster Pollard obtained two loans through […]

Transactions: MedEquities Makes $10 Million Skilled Nursing Play in Connecticut

MedEquities Pays $10 Million for Conn. SNF Real Estate MedEquities Realty Trust, Inc. (NYSE: MRT) acquired the real estate of Woodlake at Tolland Nursing & Rehabilitation Center, a skilled nursing facility in Tolland, Conn., from Prospect Medical Holdings, Inc. for a total of $10 million. The Nashville, Tenn.-based MedEquities plans to enter into a 12-year, triple-net lease […]