Granite Investment Group acquires memory care facilities
Aug 08, 2017
Granite Investment Group recently acquired the Tabor Crest Memory Care Portfolio.
SNF execs ordered to repay $23 million
By
Elizabeth Newman
Jan 02, 2013
A well-known former nursing executive must repay the federal government $13.8 million for fraudulent business practices. Chief U.S. District Court Judge Mary M. Lisi handed down the ruling for the misuse...
GAO: Federal falls programs overlook disabled seniors and should share more data
By
Alicia Lasek (f3)
Jul 29, 2022
Targeting a larger, more inclusive group of at-risk seniors will help prevent even more falls and their costly consequences, the GAO finds.
SNF receives $104M in financing
By
Elizabeth Newman
Jun 26, 2019
Workmen’s Circle Multicare Center, a skilled nursing facility in Bronx, NY, has received $104.27 million in financing, Berkadia announced.
Capital Funding closes $14.5M SNF deal
By
Kimberly Marselas
Dec 18, 2019
The Portopiccolo Group has acquired Emporia Manor, a skilled nursing facility, and cross-collateralized it with its Sycamore Heights Health and Rehabilitation facility in a $14.5 million deal. Capital...
SNF receives financing
By
Elizabeth Newman
May 07, 2019
Greystone has provided almost $7.1 million in bridge financing for the acquisition of a 90-bed skilled nursing facility in Plainfield, CT.
Oak Grove Capital arranges loan for N.C. facility
May 27, 2014
Oak Grove Capital has arranged for an $8.9 million bridge loan to facilitate the acquisition of Hugh Chatham Nursing Center, a 127-bed skilled nursing and assisted living facility in Elkin, NC, the company...
Meridian Capital Group arranges for SNF loan
Aug 23, 2016
Meridian Capital Group arranged for $135.5 million in loans for Continuum Healthcare to refinance a six-property portfolio of skilled nursing facilities in New Jersey and Pennsylvania.
RED Mortgage Capital originates $1.8M loan for Ohio residences
Dec 16, 2014
RED Mortgage Capital has announced the origination of an FHA 223(f) loan for National Church Residences for Walnut Creek Village in Baltimore, OH.
Greystone poised to take over nursing home chain following record default
By
Liza Berger
Jan 08, 2020
The Department of Housing and Urban Development is on the verge of selling a group of nursing home chains to Greystone, a New York real estate finance firm, following the largest default in the history...