SHAWNEE, Kan. — Lancaster Pollard has arranges a $6.9 million loan to refinance Shawnee Heartland, a 48-bed assisted living community in the Kansas City suburb of Shawnee.
CHELSEA, FALL RIVER and BROCKTON, Mass. — Capital One has provided $47.2 million to refinance a portfolio of skilled nursing facilities in Massachusetts.
CARTERSVILLE, Ga. — Live Oak Bank has provided $9.5 million in financing for a new assisted living community in the northwestern Atlanta suburb of Cartersville.
NEW YORK CITY — Hunt Mortgage Group has continued the expansion of its seniors housing and healthcare team with the addition of three new executives. All three will focus on Fannie Mae and Freddie Mac credit and underwriting for this niche sector.
PLYMOUTH, Mich. — CBRE has arranged a $48 million refinancing for Cedarbrook of Northville, a 201-unit independent living, assisted living and memory care community in Plymouth, about 25 miles west of Detroit.
SCOTTSDALE, Ariz. — Dwight Bridge Fund, which Dwight Capital’s affiliated investment advisor manages, has provided $30.5 million in bridge financing for Avenir Senior Living, a Scottsdale-based owner-operator.
PHOENIX — Thorofare Capital has funded a $13 million bridge loan to refinance and renovate Park Terrace, a 277-unit assisted living and independent living community in North Phoenix.
ATLANTA — 29thStreet Capital, a privately-held real estate investment and advisory firm based in Atlanta that focuses on value-add opportunities, has announced its plans to expand its services to the seniors housing industry.
