HUNTINGTON and SAYVILLE, N.Y. — CBRE National Senior Housing has arranged a $62.8 million loan for The Bristal at East Northport and The Bristal at Sayville, two communities in the Long Island towns of Huntington and Sayville, respectively.
Finance
BOK Financial hits $1 billion in seniors housing loans by focusing on experienced operators, new construction
by Jeff Shaw
By Jeff Shaw BOK Financial Corp. likes to keep its business local. The Tulsa, Okla.-based lender doesn’t often use its corporate name to market the company, preferring instead to use smaller subsidiaries to drive business at a local, state or regional level. Brad Vincent, the company’s executive vice president and director of healthcare banking, says that this is how banking should be done.
PORT TOWNSEND and BUCKLEY, Wash. — Lancaster Pollard has secured two HUD loans totaling $10.4 million to refinance San Juan Villa, a 32-bed memory care community in Port Townsend, and Heritage House, a 76-unit assisted living and memory care community in Buckley.