LYNCHBURG, Va. — SunTrust Banks Inc. (NYSE: STI) has provided a $13.2 million HUD-insured refinancing for Runk & Pratt, a 57-unit assisted licing and memory care community in Lynchburg.
FRESNO, Calif. — Dekel Capital, a Los Angeles-based real estate merchant bank, has placed $14.1 million in bridge financing on behalf of Mountain Capital Partners and Willis Development.
ATLANTA — HJ Sims has arranged $15 million in revolving pre-development financing for an expansion project at Lenbrook, a continuing care retirement community (CCRC) in Atlanta.
CHICOPEE, Mass. — Fantini & Gorga has arranged $20.5 million in first mortgage construction financing for Chicopee Assisted Living at RiverMills, an assisted living community in the Western Massachusetts city of Chicopee.
BALTIMORE — Capital Funding Group (CFG), a Baltimore-based lender, has closed six HUD mortgages totaling $64.5 million for skilled nursing facilities in Tennessee, Michigan, Indiana and Washington.
NEW YORK CITY — BMO Harris Healthcare Real Estate Finance and Wells Fargo Bank National Association have arranged a $200 million loan to support the redevelopment of the former Leverich Towers Hotel in Brooklyn into a seniors housing community.
JOHNS CREEK, Ga. — ORIX Corp. USA and Lancaster Pollard have arranged $16.7 million in financing for the construction of Brickmont Johns Creek, a 120-unit assisted living and memory care facility in Johns Creek, a northern suburb of Atlanta.
