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NEW YORK — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged $22.5 million in financing for two seniors housing communities in the northern suburbs of New York City.
The bridge-to-HUD financing will fund the acquisition of an 80-bed assisted living facility and a 120-bed skilled nursing facility that share a campus. A local lender provided the loan. Further details on the borrower and community were not disclosed.
Eli Kutner and Reuben Knobel of Harborview negotiated the financing.