NOBLESVILLE and LAFAYETTE, Ind. — KeyBank has provided two HUD loans totaling $15.3 million for a two-property skilled nursing portfolio in Indiana.
Finance
KALISPELL, Mont. — Ziegler, a specialty investment bank, has arranged a total of $65.4 million in tax-exempt, fixed-rate bonds for Immanuel Lutheran Corp., which operates a seniors housing community in Kalispell, approximately 75 miles south of the Canadian border.
DECATUR, Ga. — BMO Harris Bank’s Healthcare Real Estate Finance group has closed a $44.2 million in construction and mini-perm financing for Solomon Holdings. The capital will be used to build The Holbrook of Decatur, a 200-unit seniors housing community in the Atlanta suburb of Decatur.
MITCHELLVILLE, Md. — Ziegler, a specialty investment bank, has closed $64 million in bond financing for Collington Episcopal Life Care Community, a 439-unit continuing care retirement community located 14 miles outside downtown Washington, D.C., in Mitchellville.
Cushman & Wakefield Arranges $30.3M in Financing for Construction of 111-Unit Community Near San Diego
by Jeff Shaw
CHULA VISTA, Calif. — Cushman & Wakefield Senior Housing Capital Markets has arranged $8.3 million in institutional equity capital and $22 million in construction debt for a joint venture between Douglas Wilson Cos. and Milestone Retirement Communities LLC.