Monticello Provides $45.3M Financing for Three-Property Portfolio in New York
NESCONSET, N.Y. — Monticello Asset Management has provided $45.3 million in bridge-to-HUD financing to Nesconset Property NY LLC.
- Published in The Latest News
NESCONSET, N.Y. — Monticello Asset Management has provided $45.3 million in bridge-to-HUD financing to Nesconset Property NY LLC.
RIVERVIEW, Fla. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged a $14.9 million refinancing for Crossings at Riverview, a 92-unit seniors housing community in the Tampa suburb of Riverview.
CLOVERDALE, Calif. — Walker & Dunlop Inc. has provided $10 million in HUD financing for the construction of Vine Ridge, a 51-unit assisted living community in the Sonoma County city of Cloverdale.
NEW PORT RICHEY, Fla. — NorthMarq Capital has arranged an $11 million refinancing for Villas at Hunter’s Ridge, a 221-unit age-restricted community in the Tampa suburb of New Port Richey.
Fannie Mae, Freddie Mac both post record deal volume in 2017.
Capital providers share their insights on financing trends Capital providers share their insights on financing trends in the seniors housing industry.
How have the availability and terms of construction How have the availability and terms of construction financing for seniors housing changed recently?
Underwriting tightens as banks, intermediaries prepare for the future.
JACKSONVILLE, Fla. — KeyBank Real Estate Capital has provided $28 million in financing for the acquisition of Camellia at Deerwood, a 185-unit seniors housing community in Jacksonville.
NORTH RICHLAND HILLS, Texas — Love Funding has arranged a $14.4 million HUD loan to refinance Villas on Bear Creek, an age-restricted, affordable housing community in North Richland Hills.