SEBASTIAN, Fla. — PGIM Real Estate Finance has provided a $10 million Freddie Mac loan to Watercrest Senior Living Group. The funds will refinance debt on the company’s Pelican Landing community in Sebastian.
NEVADA and TEXAS — KeyBank Real Estate Capital has provided a total of $127.7 million in bridge-to-HUD financing for two skilled nursing facility portfolios in Nevada and Texas.
WASHINGTON, D.C. — Sims Mortgage Funding, a subsidiary of HJ Sims, has arranged a $22.1 million loan to refinance a memory care community near Washington, D.C.
OHIO — KeyBank Real Estate Capital has provided a $36.3 million FHA 232/223(f) loan for the acquisition of a four-property skilled nursing portfolio in Ohio.
INDIANAPOLIS — PR Mortgage & Investments, together with its wholly owned subsidiary RICHMAC Funding LLC, has rebranded as Merchants Capital.
ARDEN, N.C. — Lancaster Pollard has arranged a total of $120 million in financing for SanStone Health & Rehabilitation, a skilled nursing provider.
CLEVELAND — KeyBank Real Estate Capital has arranged a $291 million Freddie Mac loan for the acquisition of a 17-property seniors housing portfolio.
BELLINGHAM, Wash., and GREAT FALLS, Mont. — Grandbridge Seniors Housing and Healthcare Finance Group has facilitated the closing of two loans for Highgate Senior Living.
COCKEYSVILLE, Md. — Ziegler has arranged $75.6 million in bond financing for Broadmead, an independent, nonprofit continuing care retirement community in Cockeysville, a northern suburb of Baltimore.
SARASOTA, Fla. — Revere Capital has financed a $3.6 million loan secured by a 29.1-acre land parcel located in Sarasota.