Finance

Contemporary Provides $1.4M Mezzanine Loan for Skilled Nursing Acquisition in North Carolina

by Jeff Shaw June 24, 2019

HENDERSONVILLE, N.C. — Contemporary Healthcare Capital has provided a $1.4 million mezzanine loan to affiliates of The Portopiccolo Group for the acquisition of a skilled nursing facility in Hendersonville.

June 24, 2019

Assisted Living California Finance News

CBRE Arranges $24.5M Freddie Mac Refinancing for Community in Northern California

by Jeff Shaw June 21, 2019

CHICO, Calif. — CBRE has arranged $24.5 million in financing for Westmont Living.

June 21, 2019

Finance KeyBank News

KeyBank Provides $111.1M Freddie Mac Financing for 14-Property Brookdale Portfolio

by Jeff Shaw June 20, 2019

BRENTWOOD, Tenn. — KeyBank Real Estate Capital has secured an $111.1 million Freddie Mac loan for Brookdale Senior Living. Based in Brentwood, the publicly traded company is the largest owner and operator of seniors housing in the United States.

June 20, 2019

Assisted Living Development Finance News Wisconsin

NHI Provides $10.8M Construction Loan for Assisted Living Community in Wisconsin

by Jeff Shaw June 20, 2019

OSHKOSH, Wis. — National Health Investors Inc. (NYSE: NHI) will fund a $10.8 million construction loan for a 66-bed assisted living and memory care community in Oshkosh, located along Lake Winnebago between Green Bay and Milwaukee.

June 20, 2019

Acquisitions Finance Minnesota News South Dakota

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

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