NEW YORK CITY — Capital Funding Group has arranged a $19.1 million bridge-to-HUD loan and $3 million in working capital for Hudson Pointe Nursing and Rehabilitation Center, a 167-bed skilled nursing facility in the Bronx.
MANCHESTER TOWNSHIP, N.J. — Popular Community Bank has provided a total of $23.5 million in financing for AristaCare, a New Jersey-based owner and operator of skilled nursing facilities.
SOUTH ELGIN, JONESBORO and MACOMB, Ill. — Pillar, a multifamily and healthcare lender, has originated $9.9 million in loans to refinance three skilled nursing facilities in Illinois.
NEW YORK CITY — Popular Community Bank has provided term loans of $18 million and $13 million for Grand Healthcare System, a skilled nursing owner and operator in New York.
BOSTON — Senior Housing Properties Trust (NYSE: SNH), the fifth-largest owner of seniors housing properties in the United States, has obtained a $620 million mortgage loan for two life sciences buildings in Boston’s Seaport District.
NORTH AURORA, Ill. — Capital One has provided a $23.4 million HUD refinancing for a supportive living community and a skilled nursing facility, both located in North Aurora, approximately 40 miles west of Chicago.
ODGEN, Utah — Love Funding, a lender based in Washington, D.C., has arranged a $6.6 million bridge loan for the construction of Shadow Valley Assisted Living and Memory Care, a 62-bed community in Ogden, approximately 35 miles north of Salt Lake City.
BALTIMORE — Capital Funding Group (CFG) has provided $40 in financing for seniors housing communities throughout the United States in four separate transactions.
THOUSAND OAKS, Calif., and SCOTTSDALE, Ariz. — CBRE has arranged $80 million in financing for a joint venture between Blue Moon Capital Partners and Belmont Village Senior Living.
DENVER — MidCap Financial, a specialty finance firm based in Bethesda, Md., has acquired Pineview Capital Group, a Denver-based HUD lender specializing in seniors housing and other multifamily and healthcare lending.
