NEWFANE, N.Y. — Contemporary Healthcare Capital has provided a $2.1 million mezzanine loan to refinance a skilled nursing facility in Newfane, located along Lake Ontario north of Buffalo.
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MOUNT VERNON, N.Y. — NorthMarq has arranged a $7.5 million refinancing for Lohman Village, a 31-unit seniors housing community in Mount Vernon, just north of the Bronx.
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BALTIMORE — SunTrust Banks Inc. has provided a $60 million loan for the expansion of Roland Park Place, a nonprofit continuing care retirement community in Baltimore.
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PALM BEACH GARDENS, Fla. — CBRE National Senior Housing has secured financing for the acquisition of HarborChase of Palm Beach Gardens, an assisted living and memory care facility in Palm Beach Gardens, 15 miles north of West Palm Beach, Fla. The
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MARANA, Ariz. — BMO Harris Bank’s Healthcare Real Estate Finance group has provided a $21 million credit facility for the acquisition of Watermark at Continental Ranch, an assisted living and memory care community in Marana. The borrowers are Kayne Anderson Real
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HEMET, Calif. — Greystone has provided an $8 million Fannie Mae loan for the refinancing of Casa Del Rey Mobile Homes Estates, a manufactured housing property that is age-restricted to residents 55 years old and older in Hemet. Situated on 30.6
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DECATUR, Ga. — Bellwether Enterprise Real Estate Capital has provided a $3 million construction-to-permanent loan for the development of Scott Boulevard Senior Residences, an affordable seniors housing community in Decatur. Located eight miles east of downtown Atlanta, Scott Boulevard Senior Residences
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MONROE TOWNSHIP, N.J. — Greystone has provided a $16.5 million Freddie Mac Program Plus loan for the acquisition of Waterside Villas, an age-restricted community located in the Concordia neighborhood of Monroe Township. Sela Realty was the borrower and buyer. John Williams
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FERNANDINA BEACH, HAINES CITY, ORANGE COUNTY AND NORTH PORT, FLA. — Contemporary Healthcare Capital (CHC) has funded a $5 million mezzanine loan for the acquisition of four skilled nursing facilities in Florida. The borrowers were affiliates of Citadel Care Centers and
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BOERNE AND ROUND ROCK, Texas — CBRE Capital Markets has arranged a three-year, floating-rate loan, including 24 months of interest-only payments, on behalf of a joint venture between Harrison Street and Franklin Development Properties for the refinancing of two assisted living
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BLOOMINGTON, Ind. — BMO Harris Bank’s Healthcare Real Estate Finance group has closed a $19.5 million acquisition loan for Gentry Park Senior Living, a seniors housing community located at 901 S. Hastings Drive in Bloomington. The owners are an institutional private
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KAWKAWLIN, Mich. — Capital Funding has provided a $4.5 million HUD mortgage for Huron Woods, a 60-bed skilled nursing facility in Kawkawlin, a small town in Central Michigan.
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STAUNTON, Va., and WOBURN, Mass. — CBRE has arranged $35.7 million in financing for a two-community seniors housing portfolio. The borrower is a joint venture between Harrison Street and Brightview Senior Living.
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SALINAS, Calif. — KeyBank Real Estate Capital has provided $29 million to refinance Pacific Coast Care Center, a 149-bed skilled nursing facility in Salinas, just south of the Bay Area proper.
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MONTVALE, N.J. — Cushman & Wakefield Senior Housing Capital Markets has arranged $26.5 million of institutional equity capital from a private equity fund for a 203-unit independent living, assisted living and memory care development in Montvale.
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RED BANK, N.J. — Locust Point Capital, an alternative asset manager based in Red Bank, has launched a new project equity financing program for the seniors housing industry.
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HOUSTON — The NHP Foundation (NHPF) has received $12 million in funding to develop a 73-unit affordable seniors housing community in Houston’s Third Ward.
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BRIDGMAN, Mich. — Capital Funding LLC has provided a $6.1 million HUD mortgage to refinancing debt on West Woods of Bridgman, a 92-bed skilled nursing facility.
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BIG RAPIDS and GAYLORD, Mich. — Lancaster Pollard Mortgage Co. has arranged $16 million in financing for The Brook Retirement Communities.
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TREMONTON, Utah — Hunt Real Estate Capital has provided a $3.7 million Fannie Mae to refinance a seniors housing property located in Tremonton, about 20 miles from the Idaho border.
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BETHESDA, Md. — Walker & Dunlop Inc. has appointed Stephanie Wiggins as senior vice president and chief production officer for the company’s FHA finance team, which includes seniors housing loans.
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MINNEAPOLIS — Ziegler has hired Mark Landreville as a managing director and Christina Rappl as an assistant vice president to the company’s senior living finance practice. Both will work from the specialty investment bank’s Minneapolis office.
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CORPUS CHRISTI, BASTROP and SAN ANTONIO, Texas — KeyBank Real Estate Capital has secured $44.5 million in HUD financing for a three-property skilled nursing portfolio located throughout Texas.
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HAMILTON, N.J. — Cushman & Wakefield Senior Housing Capital Markets has arranged a refinancing for Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton.
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Private equity is among most aggressive players in this segment, says InterFace panel.
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FORT MYERS, Fla. — Ziegler has arranged $81.2 million in bond financing for The Christian and Missionary Alliance Foundation, which owns and operates Shell Point Retirement Community, a massive continuing care retirement community (CCRC) in Fort Myers.
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OXNARD, Calif. — NorthMarq has arranged $7.6 million in financing for Seawind Seniors Apartments, an age-restricted community in Oxnard, approximately 65 miles west of Los Angeles.
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