ALMA, Mich. — Cohen Financial, a division of SunTrust Bank, has provided a $4.1 million loan for Arbor Grove Assisted Living, a seniors housing community in the Central Michigan city of Alma.
NEW YORK CITY — Ziegler, a Chicago-based specialty investment bank, has hired Christopher Utz as a director to its corporate finance team specializing in proprietary senior living.
OHIO — Monticello Asset Management LLC has provided a total of $40 million in financing to Maui Sunset LLC, which will use the funds to purchase a portfolio of skilled nursing facilities in Ohio.
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.
