Oak Grove Capital Refinances Iowa Assisted Living Community

by Jeff Shaw

URBANDALE, Iowa — Oak Grove Capital, a Minnesota-based lender, has concluded a $3.6 million refinance of Senior Suites of Urbandale, a 63-unit assisted living coplex in Urbandale, Iowa.

The load was a HUD FHA Section 232/223(a)(7) refinance transaction facilitated by Tony Washington, vice president, Oak Grove Capital.

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