Finance

CIT Arranges $27.2M Financing for Two Assisted Living Facilities in Texas

by Jeff Shaw September 17, 2019

SAN ANTONIO and AUSTIN, Texas — CIT Group Inc. (NYSE: CIT), through its Healthcare Finance group, has served as sole lead arranger on a $27.2 million loan for two assisted living facilities in Texas.

September 17, 2019

Finance From The Magazine

Falling Rates Are Sweet Music to Borrowers’ Ears

by Jeff Shaw September 16, 2019

Expect lenders to turn up the volume on loan closings.

September 16, 2019

Finance Memory Care Nebraska News

Lancaster Pollard Arranges $8M Financing for Memory Care Community in Nebraska

by Jeff Shaw September 13, 2019

KEARNEY, Neb. — Lancaster Pollard Mortgage Co. has arranged an $8 million term loan for CountryHouse of Kearney, a 36-unit memory care community in Kearney.

September 13, 2019

Assisted Living Finance News Texas

CIT Arranges $34M Refinancing for Community Near Houston

by Jeff Shaw September 12, 2019

RICHMOND, Texas — CIT Group served as sole lead arranger for a $34 million financing for an assisted living community in Richmond, approximately 25 miles southwest of Houston.

September 12, 2019

Assisted Living Finance KeyBank News Pennsylvania

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

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