Finance

KeyBank Provides $28M Financing for Three Assisted Living Properties in Pennsylvania

by Jeff Shaw September 12, 2019

LANDISVILLE, MILLERSVILLE and KULPMONT, Pa. — KeyBank Real Estate Capital has provided $28 million in HUD-insured financing for Persimmon Ventures.

September 12, 2019

Assisted Living Development Finance Georgia News

Monarch Advisors Arranges Construction Financing for 80-Unit Community in Georgia

by Jeff Shaw September 12, 2019

THOMASVILLE, Ga. — Monarch Advisors has arranged an undisclosed amount of financing for the development of an assisted living and memory care community in Thomasville, located near the border between Georgia and the Florida Panhandle.

September 12, 2019

Alabama Finance Michigan News Pennsylvania Texas

CBRE Arranges $160.3M Refinancing for Brookdale Portfolio

by Jeff Shaw September 11, 2019

BRENTWOOD, Tenn. — CBRE has arranged $160.3 million in financing for Brookdale, which will restructure debt on a five-property, 945-unit portfolio in Alabama, Michigan, Pennsylvania and Texas.

September 11, 2019

Finance M&T Realty Capital Corporation New Jersey New York News Virginia

M&T Provides $84.6M Financing for Three Seniors Housing Communities

by Jeff Shaw September 11, 2019

SPRING LAKE, N.J., NEW YORK CITY and YORKTOWN, Va. — M&T Realty Capital Corp. has provided three loans totaling $84.6 million for seniors housing communities in New Jersey, New York and Virginia.

September 11, 2019

Development Finance News Pennsylvania

Grandbridge Arranges $34M Construction Loan for Community in Pennsylvania

by Jeff Shaw September 6, 2019

LIMERICK, Pa. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $34 million in financing for the construction of Arcadia at Limerick Pointe, a seniors housing development in Limerick, approximately 30 miles northwest of Philadelphia.

September 6, 2019

Arizona Development Finance News

HJ Sims Funds $5.1M Mezzanine Loan for Expansion in Arizona

by Jeff Shaw September 6, 2019

MESA, Ariz. — HJ Sims has provided $5.1 million in mezzanine financing for Madison Realty Cos.

September 6, 2019

Finance News People

Welltower Promotes Tim McHugh to CFO

by Jeff Shaw September 5, 2019

TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has promoted Tim McHugh senior vice president and chief financial officer. McHugh has been with the company since 2016 and most recently served as senior vice president of corporate finance.

September 5, 2019

Finance Illinois News Skilled Nursing

Walker & Dunlop Provides $12.8M Financing for Skilled Nursing Facility in Illinois

by Jeff Shaw August 28, 2019

AURORA, Ill. — Walker & Dunlop Inc. has provided $12.8 million in bridge financing for The Grove Fox Valley, a 156-bed skilled nursing facility in Aurora, approximately 40 miles west of downtown Chicago.

August 28, 2019

Finance News Ohio Skilled Nursing

Capital Funding Provides $5.8M Bridge Loan for Skilled Nursing Facility in Ohio

by Jeff Shaw August 28, 2019

RAVENNA, Ohio — Capital Funding has provided a $5.8 million bridge-to-HUD loan for Longmeadow Skilled Nursing and Rehabilitation Center in Ravenna, about 35 miles southeast of downtown Cleveland.

August 28, 2019

Finance News Texas

CBRE Arranges $34.1M Refinancing for 207-Unit Community Near Houston

by Jeff Shaw August 23, 2019

RICHMOND, Texas — CBRE has arranged a $34.1 million loan to refinance The Delaney at Parkway Lakes, a 207-unit independent living, assisted living and memory care community in Richmond.

August 23, 2019

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