From accessing equity to wider refinancing choices, the industry has a wealth of new finance options
Finance
Popular Community Bank Closes $42.5M in Financing for Skilled Nursing Facility in Staten Island
by Jeff Shaw
NEW YORK CITY — Popular Community Bank, a subsidiary of Popular Inc. (NASDAQ: BPOP), has provided financing totaling $42.5 million for Richmond Center for Rehabilitation, a 372-bed skilled nursing facility in the Staten Island borough of New York City.
Capital Funding Group Provides Loans Totaling $26.6M for Two Communities in California, Illinois
by Jeff Shaw
SAN MARCOS, Calif., and ARLINGTON HEIGHTS, Ill. — Capital Funding Group, a lender based in Baltimore, has provided a $6.8 million bridge-to-HUD loan for Village Square Skilled Nursing Facility and a $19.8 million HUD construction loan for Transitional Care of Arlington Heights.