MONTVALE, N.J. — Cushman & Wakefield Senior Housing Capital Markets has arranged $26.5 million of institutional equity capital from a private equity fund for a 203-unit independent living, assisted living and memory care development in Montvale.
RED BANK, N.J. — Locust Point Capital, an alternative asset manager based in Red Bank, has launched a new project equity financing program for the seniors housing industry.
HOUSTON — The NHP Foundation (NHPF) has received $12 million in funding to develop a 73-unit affordable seniors housing community in Houston’s Third Ward.
BRIDGMAN, Mich. — Capital Funding LLC has provided a $6.1 million HUD mortgage to refinancing debt on West Woods of Bridgman, a 92-bed skilled nursing facility.
TREMONTON, Utah — Hunt Real Estate Capital has provided a $3.7 million Fannie Mae to refinance a seniors housing property located in Tremonton, about 20 miles from the Idaho border.
BETHESDA, Md. — Walker & Dunlop Inc. has appointed Stephanie Wiggins as senior vice president and chief production officer for the company’s FHA finance team, which includes seniors housing loans.
MINNEAPOLIS — Ziegler has hired Mark Landreville as a managing director and Christina Rappl as an assistant vice president to the company’s senior living finance practice. Both will work from the specialty investment bank’s Minneapolis office.
CORPUS CHRISTI, BASTROP and SAN ANTONIO, Texas — KeyBank Real Estate Capital has secured $44.5 million in HUD financing for a three-property skilled nursing portfolio located throughout Texas.
HAMILTON, N.J. — Cushman & Wakefield Senior Housing Capital Markets has arranged a refinancing for Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton.
