Finance

NHI Provides $10M Acquisition Loan for 40-Unit Memory Care Community in New Hampshire

by Jeff Shaw August 10, 2017

RYE, N.H. — National Health Investors Inc. (NYSE: NHI) has financed the acquisition of a 40-unit memory care community in Rye, located along the coast near the Maine border.

August 10, 2017

Assisted Living Finance News

KeyBank Arranges $13M Freddie Mac Loan for 86-Unit Community in Tulsa

by Jeff Shaw August 8, 2017

TULSA, Okla. — KeyBank Real Estate Capital has arranged a $13 million Freddie Mac first mortgage loan for Legend at Tulsa Hills, an 86-unit seniors housing community in Tulsa.

August 8, 2017

Finance News People

Monticello Asset Management Adds Corley Audorff to Underwriting Team

by Jeff Shaw August 3, 2017

NEW YORK CITY —Monticello Asset Management LLC has hired experienced HUD underwriter Corley Audorff to its team.

August 3, 2017

Finance News

Capital One Provides $77.7M Refinancing for Nine-Property Pacifica Portfolio

by Jeff Shaw July 28, 2017

SAN DIEGO, Calif. — Capital One has provided a $77.7 million loan to refinance a portfolio of nine seniors housing facilities in Arizona, California, Florida, Oregon and Utah. The mortgage consists of $67.7 million in initial funding and an earn-out as specific conditions are met.

July 28, 2017

Assisted Living Finance News

KeyBank Provides $12.9M Loan for 67-Unit Assisted Living Community in Georgia

by Jeff Shaw July 25, 2017

BLUE RIDGE, Ga. — KeyBank Real Estate Capital has provided a $12.9 million Fannie Mae first mortgage loan for Blue Ridge Assisted Living and Memory Care, a 67-unit assisted living community in Blue Ridge, located in the North Georgia Mountains.

July 25, 2017

Finance News Skilled Nursing

Greystone Provides $78.4M HUD Loan for 510-Bed Skilled Nursing Facility in Brooklyn

by Jeff Shaw July 24, 2017

NEW YORK CITY — Greystone has provided a $78.4 million HUD-insured permanent loan to refinance Boro Park Center for Nursing & Rehabilitation in Brooklyn.

July 24, 2017

Finance News Skilled Nursing

Capital One Closes $12M HUD Refinancing for 128-Bed Skilled Nursing Facility Near Portland

by Jeff Shaw July 24, 2017

GRESHAM, Ore. — Capital One has provided a $12 million fixed-rate HUD 232/223(f) loan to refinance Regency Gresham, a 128-bed skilled nursing facility in the Portland suburb of Gresham.

July 24, 2017

Finance News Skilled Nursing

Capital One Closes HUD Loans Totaling $27.2M to Refinance Tennessee Skilled Nursing Portfolio

by Jeff Shaw July 20, 2017

JOHNSON CITY, SMYRNA and SHELBYVILLE, Tenn. — Capital One announced has provided three fixed-rate HUD loans totaling $27.2 million to Strawberry Fields REIT. The loans will refinance a portfolio of three skilled nursing facilities in Tennessee.

July 20, 2017

Finance Independent Living News

Lancaster Pollard Arranges $6.5M Refinancing for 95-Unit Independent Living Community in California

by Jeff Shaw July 20, 2017

RIVERSIDE, Calif. — Lancaster Pollard has arranged a $6.5 million refinancing for Magnolia Grand, a 95-unit independent living community in Riverside, located in the Inland Empire region of California.

July 20, 2017

Finance News

Sims Mortgage Funding Closes $6.4M HUD Loan for Affordable Community in New Jersey

by Jeff Shaw July 18, 2017

MARGATE, N.J. — Sims Mortgage Funding, a subsidiary of HJ Sims, has arranged a $6.4 million HUD loan for Margate Terrace, an affordable seniors housing community in Margate, a beach community near Atlantic City.

July 18, 2017

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