Contemporary Healthcare Capital Closes $3.7M Mezzanine Loan for New Silverado Community

by Jeff Shaw

NORTHSHORE, Wis. — Contemporary Healthcare Capital has provided a $3.7 million mezzanine loan as part of a $19.6 million financing package to Silverado Senior Living.

The funds will be used toward the construction of a 53-unit, 85-bed memory care community in the Milwaukee suburb of Northshore.

Contemporary’s lending partners on the transaction were United Community Bank and CoastalStates Bank.

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