Finance

Capital Funding Group Closes $23M HUD Loan for Skilled Nursing Facility in Pennsylvania

by Jeff Shaw January 22, 2018

PENNSYLVANIA — Capital Funding Group, a Baltimore-based lender, has provided a $23 million HUD loan for a 324-bed skilled nursing facility in Pennsylvania.

January 22, 2018

CCRC Finance News

Ziegler Closes $94.7M Bond Refinancing for 310-Unit CCRC in Austin, Texas

by Jeff Shaw January 19, 2018

AUSTIN, Texas — Ziegler has arranged $94.7 million in bond financing for Longhorn Village, a 310-unit continuing care retirement community in Austin.

January 19, 2018

Finance News Skilled Nursing

HJ Sims Provides $12.5M Financing for Skilled Nursing Repositioning in Pennsylvania

by Jeff Shaw January 19, 2018

SCRANTON, Pa. — HJ Sims has provided $12.5 million in financing for PA-LTC, an affiliate of the Guardian Foundation. The loan will refinance some debt and fund renovations at Linwood Nursing and Rehabilitation Center, a skilled nursing facility in Scranton.

January 19, 2018

CCRC Finance News

Ziegler Closes $70.2M Bond Financing for 651-Unit CCRC in Phoenix

by Jeff Shaw January 18, 2018

PHOENIX — Ziegler has closed $70.2 million in bond financing for The Beatitudes Campus, a nonprofit continuing care retirement community (CCRC) in north central Phoenix.

January 18, 2018

CCRC Finance News

Ziegler Closes $42.5M Bond Financing for 302-Unit CCRC in Michigan

by Jeff Shaw January 17, 2018

GRAND RAPIDS, Mich. — Ziegler has arranged $42.5 million in bond financing for Beacon Hill at Eastgate, a 302-unit nonprofit continuing care retirement community (CCRC) in Grand Rapids.

January 17, 2018

CCRC Finance News

Ziegler Arranges $75M Bond Refinancing for 483-Unit CCRC in Seattle

by Jeff Shaw January 15, 2018

SEATTLE — Ziegler has closed $75 million in bond financing for Horizon House, a 482-unit continuing care retirement community (CCRC) in downtown Seattle.

January 15, 2018

Finance News People

Regions Bank Hires Fannie Mae, Berkadia Veteran Christopher Honn as Managing Director

by Jeff Shaw January 15, 2018

CHICAGO — Regions Bank has hired Christopher Honn as managing director for seniors housing. Honn will be based in the company’s Chicago office.

January 15, 2018

Finance News

Ziegler Closes $4.9M FHA Refinancing for 150-Unit Affordable Community in Virginia

by Jeff Shaw January 12, 2018

HARRISONBURG, Va. — Ziegler has secured a $4.9 million, FHA-insured mortgage for Heritage Haven, a 150-unit affordable seniors housing community in Harrisonburg, located in the Shenandoah Valley region.

January 12, 2018

Alabama Finance News

Contemporary Healthcare Capital Closes $830,000 Mezzanine Loan for Acquisition of Community in Alabama

by Jeff Shaw January 11, 2018

ANNISTON, Ala. — Contemporary Healthcare Capital (CHC) has closed an $830,000 mezzanine loan for the acquisition of Autumn Cove, a 56-unit assisted living and memory care facility located in Anniston, midway between Birmingham and Atlanta.

January 11, 2018

Finance News

Validus Receives $117.5M Credit Facility to Buy Three Communities in the Southeast

by Jeff Shaw January 10, 2018

OCOEE, Fla., KENNER, La., and ALPHARETTA, Ga. — Validus Senior Living, a Tampa-based long-term care company, has closed a $117.5 million syndicated revolving line of credit with SunTrust Robinson Humphrey.

January 10, 2018

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