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CHICAGO — BMO Harris Bank’s Healthcare Real Estate Finance group acted as the lead arranger and administrative agent on a portfolio term loan refinancing facility in excess of $380 million for 15 seniors housing communities throughout the U.S.
Five five premier regional operating partners operate the communities, which total over 1,700 units of independent living, assisted living and memory care. The borrower was not disclosed.
Chicago-based BMO partnered with Capital One to form the syndicate for the facility.