PARK RIDGE, Ill. — Capital One has provided a $15.1 million loan to refinance Avantara Park Ridge, a 154-bed assisted living facility in Park Ridge, a suburb of Chicago.
LEXINGTON, Ky. — MidCap Financial has arranged $35 million in financing for the acquisition of Legacy Reserve at Fritz Farm, an independent living, assisted living and memory care community.
MUNDELEIN, Ill. — CBRE has provided $25.9 million in HUD financing for the development of Transitional Care of Lake County, a 185-unit skilled nursing facility.
PURCHASE, N.Y. — HJ Sims has provided $15 million in financing for the development of Broadview Senior Living at Purchase College, a continuing care retirement community.
NEW YORK CITY — White Oak Healthcare Finance has acquired approximately $700 million in skilled nursing and seniors housing loans from Capital One Healthcare and its participant banks.
EMMAUS and WERNERSVILLE, Pa. — HJ Sims has arranged $18 million in financing for Phoebe Ministries, a seniors housing provider in southeastern Pennsylvania.
SOUTH JORDAN, Utah — PGIM Real Estate Finance has originated a $17.2 million Fannie Mae Choice refinancing for Legacy Retirement Center, an independent living community in the Salt Lake City suburb of South Jordan.
NEW YORK CITY — Berkadia, a New York-based investment sales and mortgage banking firm, has closed $327 million in Freddie Mac financing for Brookdale Senior Living, the largest owner and operator of seniors housing in the United States.
VERONA, N.Y. — KeyBank Community Development Lending & Investment (CDLI) has provided a $10.8 million construction loan to convert a public school into affordable seniors housing in Verona, located just off Interstate 90 between Syracuse and Utica.
