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BLOOMINGTON, Minn. — Oak Grove Capital has closed a $25.5 million refinancing loan for Martin Luther Campus, a 250-unit seniors housing complex in Bloomington.
The loan was a FHA Section 232/223(f) transaction facilitated by Ken Dayton, managing director, Oak Grove Capital. The closing date was March 18.
Martin Luther Campus offers assisted living, transitional care/therapy, long-term care, memory care and adult daycare.