Finance

Housing & Healthcare Finance Provides $81M HUD Financing for Skilled Nursing Joint Venture

by Jeff Shaw March 25, 2019

SKOKIE, Ill. — Housing & Healthcare Finance has provided $81 million in HUD loans for Cascade Capital Group and Legacy Healthcare, a skilled nursing owner-operator joint venture based in Skokie.

March 25, 2019

Finance News

CoastalStates Bank Provides $6.5M Acquisition Financing for Community in Connecticut

by Jeff Shaw March 22, 2019

DANBURY, Conn. — CoastalStates Bank has provided a $6.5 million senior loan for a 48-unit assisted living community in Danbury, along the New York border approximately 60 miles northeast of Manhattan.

March 22, 2019

Finance News Skilled Nursing

Dwight Capital Closes a $3.6M Loan for 121-Bed Skilled Nursing Facility in Wisconsin

by Jeff Shaw March 22, 2019

SHEBOYGAN, Wis. — Dwight Capital has closed a $3.6 million loan for Sunny Ridge Rehabilitation Center, a 121-bed skilled nursing facility in Sheboygan, located along Lake Michigan between Milwaukee and Green Bay.

March 22, 2019

Finance News

Grandbridge Arranges $25M Financing for 340-Unit Community in Arizona

by Jeff Shaw March 21, 2019

GLENDALE, Ariz. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $25 million in financing for Thunderbird Senior Living, a 340-unit community in Glendale.

March 21, 2019

Finance News Skilled Nursing

Monticello Provides $16M Financing for 303-Bed Skilled Nursing Portfolio in Tennessee

by Jeff Shaw March 20, 2019

TENNESSEE — Monticello Asset Management LLC has provided $16 million in first lien debt financing for the acquisition of two skilled nursing properties totaling 303 beds in Tennessee.

March 20, 2019

Finance News

Dwight Capital Closes $13.8M in Bridge Financing

by Jeff Shaw March 15, 2019

NEW YORK CITY — Dwight Capital, a New York-based lender, has provided $13.8 million in seniors housing finance in four separate transactions.

March 15, 2019

Finance News People

Huntington Bank Hires Steven Capouch, Jeff Kerkay to Healthcare Group

by Jeff Shaw March 12, 2019

COLUMBUS, Ohio — Huntington Bank, a middle-market commercial bank based in Columbus, has hired Steven Capouch as senior vice president and chief underwriter and Jeff Kerkay as senior vice president and relationship manager in the company’s Healthcare Group.

March 12, 2019

Assisted Living Finance News

Harborview Closes $11.2M Refinancing for Assisted Living Communities in Florida

by Jeff Shaw March 11, 2019

FORT LAUDERDALE, Fla. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has funded two loans to refinance assisted living facilities in Florida.

March 11, 2019

Development Finance News

SunTrust Provides $67M Loan for CCRC Expansion Project in Greenville, South Carolina

by Jeff Shaw March 7, 2019

GREENVILLE, S.C. — SunTrust Banks Inc. (NYSE: STI) was sole lender on a $67 million loan to fund an expansion project for Rolling Green Village in Greenville.

March 7, 2019

Finance News People

NorthMarq Hires Lawrence Larisma to Charlotte Office

by Jeff Shaw March 6, 2019

CHARLOTTE, N.C. — NorthMarq has hired Lawrence Larisma to its Charlotte-based regional office as senior vice president.

March 6, 2019

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