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.
MONTEBELLO, Calif. — Hunt Mortgage Group has provided $20 million in refinancing for Beverly Towers, an affordable seniors housing property in the Los Angeles suburb of Montebello.
MARMET, SISSONVILLE and PARKERSBURG, W.V. — KeyBank Real Estate Capital has provided a total of $67.2 million in financing for a three-property skilled nursing portfolio in West Virginia.
PORT ANGELES, Wash. — Contemporary Healthcare Capital (CHC) has provided $975,000 in mezzanine financing to refinance a 28-unit, 43-bed memory care community.
BETHESDA, Md. — Walker & Dunlop Inc., a Bethesda-based financial services firm, has provided five HUD loans totaling $40.1 million to refinance a skilled nursing, assisted living and memory care portfolio in Ohio, Tennessee and Georgia.
ULVADE, Texas — Hunt Capital Partners has closed $9.7 million in low-income housing tax credit (LIHTC) equity financing for the development of Monarch Estates, an affordable seniors housing community in Ulvade.
TARRYTOWN, N.Y. — Greystone, a real estate lending, investment and advisory company, has provided a $14.6 million HUD loan for Tarrytown Hall Care Center, a skilled nursing facility in Tarrytown.