BALTIMORE — Capital Funding Group, a Baltimore-based lender, has provided loans totaling $39.4 million for Madison Creek Partners, a California-based owner of skilled nursing facilities.
Finance
WINCHESTER, Va. — CBRE has arranged a $7.4 million loan for a joint venture between Care Investment Trust and affiliates of Inspirit Senior Living. The capital will be used to purchase Hilltop House Assisted Living, a 73-unit independent living, assisted living and memory care community.
CBRE Arranges $33.2M Acquisition Loan for 139-Unit Assisted Living Community in Minnesota
by Jeff Shaw
EDINA, Minn. — CBRE has arranged a $33.2 million loan for a joint venture between The Waters Senior Living and an undisclosed institutional investor. The capital will be used for the acquisition of The Waters of Edina, a 139-unit assisted living and memory care community in the Minneapolis suburb of Edina.