HUDSON, Ohio — HJ Sims has arranged a $29 million debt modification for Laurel Lake, a nonprofit continuing care retirement community (CCRC) in Hudson, located between Cleveland and Akron.
FROSTBURG, Md. — Sims Mortgage Funding (SMF), a subsidiary of investment bank HJ Sims, has arranged a $3.4 million HUD recapitalization loan for Diakon Lutheran Social Ministries (DLSM).
OLATHE, Kan. — Monticello Asset Management LLC has originated $6.3 million in first lien debt financing to Olathe Property Holdings LLC and AHO LLC. The borrowers will use the funds to acquire a 147-bed skilled nursing facility in Kansas.
ANOKA, Minn. — HJ Sims has underwritten $40.6 million in bonds to refinance debt on The Homestead at Anoka, a nonprofit seniors housing community in the Minneapolis suburb of Anoka.
SAN JOSE, Calif. — Greystone, a real estate lending, investment and advisory company, has provided a $27.5 million loan for Oakmont of San Jose, a 66-unit assisted living and memory care community in San Jose.
DALY CITY, Calif. — CBRE has arranged an undisclosed amount of financing for a large private equity fund. The borrower will use the funds to refinance debt on Peninsula Del Ray, a 207-unit independent living and assisted living community in Daly City.
DOBBS FERRY, N.Y. — Dwight Capital, a New York City-based lender, has arranged a $47.2 million loan for Cabrini of Westchester, a skilled nursing facility in Dobbs Ferry, along the Hudson River approximately 20 miles north of Manhattan.
NASHVILLE, Tenn. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged $36.3 million in financing for the acquisition of two skilled nursing facilities located in Nashville.
SCOTTSBURG, Ind. — Strawberry Fields REIT LLC has received a $4.4 million HUD loan to refinance The Waters of Scottsburg, a 99-bed skilled nursing facility in Scottsburg, approximately 30 miles north of Louisville, Ky.
