Finance

Contemporary Healthcare Capital Provides $4.2M Mezzanine Loan for Seven-Property Acquisition in Midwest

by Jeff Shaw June 19, 2019

MINNESOTA and SOUTH DAKOTA — Contemporary Healthcare Capital has provided a $4.2 million mezzanine loan to affiliates of Cascade Capital Group LLC.

June 19, 2019

Affordable Housing Development Finance News Tennessee

Walker & Dunlop Arranges $5.8M Rehabilitation Loan for Affordable Community in Tennessee

by Jeff Shaw June 18, 2019

COOKEVILLE, Tenn. — Walker & Dunlop Inc. has structured a $5.8 million loan through the United States Department of Housing and Urban Development (HUD) for Walnut Village, an affordable seniors housing community in Cookeville, approximately midway between Knoxville and Nashville.

June 18, 2019

Affordable Housing Development Finance News Wisconsin

Associated Bank Provides $6.2M LIHTC Equity, $4.7M Construction Financing for Community in Wisconsin

by Jeff Shaw June 17, 2019

MADISON, Wis. — Associated Bank has completed $4.7 million in new construction financing and placement of $6.2 million in low-income housing tax credit (LIHTC) equity for Point Place Senior Apartments in Madison.

June 17, 2019

Finance News Texas

Live Oak Bank Funds $10M Financing for 90-Unit Community in Texas

by Jeff Shaw June 17, 2019

TEXAS — Live Oak Bank has provided a $10 million conventional loan for the acquisition and renovation of a 90-unit assisted living and memory community.

June 17, 2019

Finance M&T Realty Capital Corporation News People

M&T Hires JLL Origination Team Specializing in Seniors Housing, HUD

by Jeff Shaw June 17, 2019

SEATTLE — M&T Realty Capital Corp. has hired James Schneider II as senior managing director, William Roach and Madeleine Roach as managing directors, and Shawn Needham as production analyst.

June 17, 2019

Development Finance News Pennsylvania

HJ Sims Arranges $20.5M in Financing for CCRC in Pennsylvania

by Jeff Shaw June 14, 2019

WEST CHESTER, Penn. — HJ Sims has arranged $20.5 million for the rebuilding of a portion of Barclay Friends, a nonprofit continuing care retirement community (CCRC) in West Chester, a borough 25 miles west of Philadelphia.

June 14, 2019

Assisted Living Finance M&T Realty Capital Corporation News Virginia

M&T Funds $28.5M Refinancing for Assisted Living Facility in Virginia

by Jeff Shaw June 13, 2019

MECHANICSVILLE, Va. — M&T Realty Capital Corp. has closed a $28.5 million Fannie Mae Seniors Housing loan for the refinance of a 106-unit assisted living facility located in Mechanicsville.

June 13, 2019

Finance News People

Capital One Adds Dana Scheppmann, David Harper to Team of Long-Term Care Relationship Managers

by Jeff Shaw June 13, 2019

NEW YORK CITY — Capital One has named Dana Scheppmann and David Harper as regional relationship managers for long-term care real estate lending.

June 13, 2019

Assisted Living Development Finance News Ohio

Live Oak Bank Provides $6.9M Construction Loan for 41-Unit Community in Ohio

by Jeff Shaw June 13, 2019

MASON, Ohio — Live Oak Bank has provided a $6.9 million conventional construction loan for a 41-unit assisted living and memory care development in Mason, a suburb of Cincinnati.

June 13, 2019

Finance Kentucky KeyBank News Skilled Nursing

KeyBank Provides $38.9M Refinancing for Skilled Nursing Portfolio in Kentucky

by Jeff Shaw June 11, 2019

KENTUCKY — KeyBank Real Estate Capital has provided $38.9 million through the FHA 232/223(f) mortgage insurance program to GMF Capital. The financing will refinance five skilled nursing facilities located throughout the state of Kentucky.

June 11, 2019

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