Finance

Greystone Provides $75M in Financing for Three-Property Skilled Nursing Acquisition

by Jeff Shaw May 10, 2018

NEW YORK CITY — Greystone has provided $75 million in FHA loans for the acquisition of the three-property Optima skilled nursing portfolio, located in the greater New York City area.

May 10, 2018

Development Finance News

HJ Sims Arranges $8.1M Financing for Memory Care Community Near Pittsburgh

by Jeff Shaw May 10, 2018

WASHINGTON, Pa. — HJ Sims has arranged $8.1 million in financing to fund the construction of Woodside Place of Washington, a 36-bed memory care community in the Pittsburgh suburb of Washington.

May 10, 2018

Development Finance News

Contemporary Healthcare Capital Closes $3.7M Mezzanine Loan for New Silverado Community

by Jeff Shaw May 10, 2018

NORTHSHORE, Wis. — Contemporary Healthcare Capital has provided a $3.7 million mezzanine loan as part of a $19.6 million financing package to Silverado Senior Living.

May 10, 2018

Finance News

Capital Funding Group Provides Six HUD, Bridge-to-HUD Loans Totaling $68.8M

by Jeff Shaw May 9, 2018

BALTIMORE — Capital Funding Group (CFG), a Baltimore-based lender, has provided $68.8 million in HUD an bridge-to-HUD financing across six separate transactions.

May 9, 2018

Finance News People

Love Funding Names Sharon Thole Director of Originations

by Jeff Shaw May 9, 2018

WASHINGTON, D.C. — Love Funding, a D.C.-based lender, has hired Sharon Thole as director of originations. She will work under the guidance of Leonard Lucas.

May 9, 2018

Finance News

Contemporary Healthcare Capital Provides Two Mezzanine Loans Totaling $6.1M

by Jeff Shaw May 8, 2018

MIAMI and COVINGTON, Tenn. — Contemporary Healthcare Capital (CHC) has closed mezzanine loans for two seniors housing communities in Miami and Covington totaling $6.1 million.

May 8, 2018

Development Finance News

Lancaster Pollard Arranges $88M Construction Financing for Community Near Denver

by Jeff Shaw May 3, 2018

DENVER — Lancaster Pollard has arranged $88 million in financing for the construction of The Ridge Pinehurst, a luxury senior living community in the Denver suburb of Lakewood.

May 3, 2018

Finance News Skilled Nursing

NorthMarq Negotiates $2M Second Mortgage for Skilled Nursing Facility Near New York City

by Jeff Shaw May 3, 2018

MOUNT VERNON, N.Y. — NorthMarq Capital has arranged a $2 million second mortgage for Lohman Village, a 31-unit adult care facility located in Mount Vernon, just outside of New York City proper.

May 3, 2018

Finance News Skilled Nursing

Lancaster Pollard Arranges $23.4M HUD Refinancing for Skilled Nursing Facility in Nebraska

by Jeff Shaw April 30, 2018

PAPILLION, Neb. — Lancaster Pollard has arranged $23.4 million in HUD financing for Hillcrest Health Services. The borrower will use the funds to refinance The Cottages at Hillcrest Country Estates, a seniors housing community in the Omaha suburb of Papillion.

April 30, 2018

Finance News

Lancaster Pollard Provides $6M in Acquisition Financing for 127-Unit Community in Indiana

by Jeff Shaw April 27, 2018

GREENCASTLE, Ind. — Putnam County Hospital has acquired a seniors housing community featuring 84 skilled nursing beds and 43 assisted living beds in Greencastle.

April 27, 2018

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