COLORADO SPRINGS and CENTENNIAL, Colo. — Walker & Dunlop has structured $52 million in financing to refinance three seniors housing properties totaling 196 units in Colorado Springs and Centennial.…
INDIAN ISLAND, Maine — Hunt Capital Partners has funded $2.1 million in federal low-income housing tax credit (LIHTC) equity financing for the construction of Penobscot Elder Homes.…
NORFOLK, Va. — HJ Sims has arranged $201.1 million in financing for the construction of a new residential tower at Harbor’s Edge, a continuing care retirement community in Norfolk.…
NEW JERSEY — Greystone has provided a $24 million Fannie Mae loan to refinance a 138-unit assisted living facility in New Jersey.…
DANVILLE and RUSSELL, Ky. — PGIM Real Estate Finance has provided a combined $15.3 million for two Morning Pointe senior communities in Kentucky.…
SOUTHAMPTON, N.Y. — Greystone has provided a $58.8 million HUD-insured loan to refinance a skilled nursing facility in Southampton. …
LAKE FOREST, Calif. — Oxford Finance LLC has provided a $96 million term loan to an affiliate of Summit Healthcare REIT Inc. The funds were used to purchase 14 skilled nursing and assisted living facilities in Indiana totaling over 1,100…
NORTH CAROLINA — Monticello Asset Management LLC has provided $35.6 million in first lien debt financing for the acquisition of three skilled nursing properties and two skilled nursing/assisted living facilities totaling 600 beds across North Carolina.…
BARTLETT, Ill. — Love Funding has closed a $4.7 million loan to refinance Victory Centre of Bartlett Senior Apartments, an age-restricted community in Bartlett, approximately 30 miles northwest of Chicago.…
ST. LOUIS — HJ Sims has arranged $92.4 million in bond financing for Lutheran Senior Services (LSS), a St. Louis-based nonprofit owner-operator of 17 continuing care retirement communities throughout Missouri and Illinois.…
CANTON, Mass. — HJ Sims has arranged $20 million in bonds to refinancing for Orchard Cove, a continuing care retirement community in Canton, approximately 15 miles south of Boston.…
FAIRFIELD, Calif. — Cushman & Wakefield Senior Housing Capital Markets has arranged a $26.4 million first mortgage loan to refinance Rockville Terrace, an assisted living community in the Bay Area city of Fairfield.…
LEOMINSTER, Mass. — KeyBank Real Estate Capital has originated a $12.2 million Fannie Mae, first mortgage loan for Sunrise of Leominster in Leominster, approximately 40 miles west of Boston. …
TOLEDO, Ohio — KeyBank Real Estate Capital’s healthcare lending platform has provided over $159 million in acquisition financing to ReNew Investors and affiliated entities.…
SKOKIE, Ill. — Housing & Healthcare Finance has provided $81 million in HUD loans for Cascade Capital Group and Legacy Healthcare, a skilled nursing owner-operator joint venture based in Skokie.…
DANBURY, Conn. — CoastalStates Bank has provided a $6.5 million senior loan for a 48-unit assisted living community in Danbury, along the New York border approximately 60 miles northeast of Manhattan.…
SHEBOYGAN, Wis. — Dwight Capital has closed a $3.6 million loan for Sunny Ridge Rehabilitation Center, a 121-bed skilled nursing facility in Sheboygan, located along Lake Michigan between Milwaukee and Green Bay.…
GLENDALE, Ariz. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $25 million in financing for Thunderbird Senior Living, a 340-unit community in Glendale.…
TENNESSEE — Monticello Asset Management LLC has provided $16 million in first lien debt financing for the acquisition of two skilled nursing properties totaling 303 beds in Tennessee. …
NEW YORK CITY — Dwight Capital, a New York-based lender, has provided $13.8 million in seniors housing finance in four separate transactions.…
COLUMBUS, Ohio — Huntington Bank, a middle-market commercial bank based in Columbus, has hired Steven Capouch as senior vice president and chief underwriter and Jeff Kerkay as senior vice president and relationship manager in the company’s Healthcare Group.…
FORT LAUDERDALE, Fla. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has funded two loans to refinance assisted living facilities in Florida.…
GREENVILLE, S.C. — SunTrust Banks Inc. (NYSE: STI) was sole lender on a $67 million loan to fund an expansion project for Rolling Green Village in Greenville.…
CHARLOTTE, N.C. — NorthMarq has hired Lawrence Larisma to its Charlotte-based regional office as senior vice president. …
HJ Sims finance veteran tries to get ahead of a shifting financial landscape. By Jeff Shaw A wide variety of factors are affecting the landscape of seniors housing finance, and they come from both within and outside the industry. Factors…
WASHINGTON, D.C. — Love Funding, a Washington-based provider of FHA multifamily, affordable and healthcare financing, has promoted Mark Brunsma to senior vice president and director of business development.…
WICHITA, Kan. — M&T Realty Capital Corp. has closed a $16.1 million Freddie Mac loan to refinance a 118-unit seniors housing property in Wichita. The 15-year, fixed-rate loan is structured with a 30-year amortization. Matthew Pipitone of M&T Realty Capital…