Finance

Cushman & Wakefield Negotiates $24.3M Refinancing for Community in Minnesota

by Jeff Shaw July 11, 2019

WHITE BEAR LAKE, Minn. — Cushman & Wakefield Senior Housing Capital Markets has arranged a $24.3 million refinancing for Waters of White Bear Lake, a 136-unit Class A independent living, assisted living and memory care community.

July 11, 2019

Finance Memory Care News Ohio

Lancaster Pollard Provides $14.6M Loan for Memory Care Property in Ohio

by Jeff Shaw July 11, 2019

POWELL, Ohio — Lancaster Pollard Mortgage Co. has provided a $14.6 million Fannie Mae loan to refinance The Ganzhorn Suites of Powell.

July 11, 2019

Finance News People

Capital One Hires Three to Multifamily Division

by Jeff Shaw July 9, 2019

MCLEAN, Va. — Capital One has made multiple additions to its Multifamily Finance division, including three who will work with seniors housing.

July 9, 2019

Acquisitions Finance News Skilled Nursing Virginia

Contemporary Healthcare Provides $2M Mezzanine Loan for Skilled Nursing Facility in Virginia

by Jeff Shaw July 5, 2019

VIRGINIA BEACH, Va. — Contemporary Healthcare Capital has provided a $2 million mezzanine loan to affiliates of The Portopiccolo Group.

July 5, 2019

Affordable Housing Finance News Pennsylvania

Sims Mortgage Funding Finances $5.3M Cash-Out for Affordable Community in Pennsylvania

by Jeff Shaw July 1, 2019

MIDDLETOWN, Pa. — Sims Mortgage Funding (SMF), a subsidiary of HJ Sims, has provided a $5.3 million HUD-insured loan for Middletown Interfaith Apartments.

July 1, 2019

Acquisitions Finance News South Carolina

NHI Provides $32.7M Acquisition Loan for CCRC in South Carolina

by Jeff Shaw June 28, 2019

COLUMBIA, S.C. — National Health Investors Inc. (NYSE: NHI) has provided $32.7 million in financing for the purchase and renovation of a 248-unit continuing care retirement community in Columbia.

June 28, 2019

Finance Massachusetts News

Washington Trust Funds $30M Refinancing for Benchmark Community in Suburban Boston

by Jeff Shaw June 28, 2019

WALPOLE, Mass. — Washington Trust’s Commercial Banking Group has provided $30 million to refinance New Pond Village in Walpole, approximately 20 miles southwest of downtown Boston.

June 28, 2019

Finance News People

Grandbridge Announces Retirement Plans for CEO Tom Dennard

by Jeff Shaw June 28, 2019

CHARLOTTE, N.C. — Grandbridge Real Estate Capital has announced that Tom Dennard, the company’s chairman and CEO, will retire on Sept. 30 after 19 years with BB&T’s commercial real estate banking platform. Matt Rocco will assume the leadership of Grandbridge as president and CEO.

June 28, 2019

Finance News People

Greystone Hires Matt Miller to Seniors Housing Finance Team

by Jeff Shaw June 27, 2019

NEW YORK CITY — Greystone, a commercial real estate lending, investment and advisory company based in New York, has hired Matt Miller as a managing director on its seniors housing finance team.

June 27, 2019

CCRC Finance Florida News

Ziegler Arranges $32.8M Bond Financing for CCRC in Florida

by Jeff Shaw June 26, 2019

LAKELAND, Fla. — Ziegler has arranged $32.8 million in bond financing for The Estates at Carpenters, a 33-acre continuing care retirement community (CCRC).

June 26, 2019

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