ANTIOCH, Calif. — CBRE has arranged acquisition financing for Cypress Meadows, a 110-unit assisted living and memory care community in Antioch, located approximately 40 miles northeast of San Francisco.
PEACHTREE CITY, Ga. — CBRE has arranged financing for Somerby Peachtree City, a newly delivered, Class A seniors housing property in the Atlanta suburb of Peachtree City. The amount and use of the loan were not disclosed.
NEW HAVEN, Conn. — KeyBank Real Estate Capital has provided $12.9 million in FHA financing to the Jewish Federation of Greater New Haven for Tower One & Tower East, a seniors housing property in New Haven.
SHELBURNE, Vt. — Ziegler, a specialty investment bank, has arranged $67.1 million in bond financing for Wake Robin, a continuing care retirement community in Shelburne, located along Lake Champlain just south of Burlington.
CLEVELAND — KeyBank Real Estate Capital has originated a $128 million term loan for a 13-property skilled nursing portfolio acquisition by a joint venture led by BlueMountain Capital Management.
DETROIT — Pillar Financial, a division of SunTrust Bank, has originated a $4.8 million HUD Interest Rate Reduction Program (IRRP) loan to refinance Delta Manor, an affordable seniors housing property in downtown Detroit.
NEW YORK CITY — Pillar Financial, a division of SunTrust Bank (NYSE: STI), has been approved as a Fannie Mae Seniors Housing Lender through the Delegated Underwriting and Servicing (DUS) program.
