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DAVIE, Fla. — BHI, a full-service commercial bank, has provided a $30 million refinancing for The Alomar, a 199-bed seniors housing community in Davie, a northern suburb of Miami.
The borrower is Royal Senior Care, which owns and operates senior living facilities in the Southeast with a primary focus in South Florida.
The facility, which opened in 2017, is spread over a three-building campus and includes independent living, assisted living and memory care.
“Healthcare is a highly strategic vertical within BHI and Royal Senior Care has a robust track record in the senior living sector as a successful owner and operator,” says Tami Antebi, senior vice president and head of BHI Healthcare.