Carnegie Capital Arranges $29M Refinancing for Community in Vermont

CENTRAL VERMONT — Carnegie Capital has arranged $29 million in financing for a seniors housing community in Central Vermont.

The property is a newly delivered, Class A, 80-unit assisted living and memory care community in Central Vermont. Further details on the property were not disclosed.

The loan will refinance the construction debt. The financing is a one-year, interest-only bridge loan.