Development

HAMILTON, N.J. — RED Capital Partners LLC, the debt and equity banking arm of capital provider RED Capital Group, has arranged a $36.4 million first mortgage construction loan for Homestead Senior Living LLC to build Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton.

COVINGTON, Ky. — Ziegler, a specialty investment bank, has closed $48.7 million in bonds for the expansion and renovation of Rosedale Green, a skilled nursing community in the Cincinnati suburb of Covington.

WEST PALM BEACH, Fla. — SunTrust Banks Inc. has arranged a $138 million tax-exempt senior secured credit facility for MorseLife Health System.

EUGENE, Ore. — CBRE National Senior Housing has arranged construction financing for the construction of The Springs at Greer Gardens, a 216-unit independent living, assisted living and memory care community in Eugene.