PHOENIX — Hunt Real Estate Capital has provided a $7 million bridge loan to finance the acquisition of Hawthorn Court at Ahwatukee, a seniors housing property in Phoenix.
Memory Care
CITRUS HEIGHTS, Calif. — M&T Realty Capital Corp. has provided a $7.4 million bridge loan to refinance of a 48-unit memory care facility in Citrus Heights, approximately 15 miles northeast of Sacramento. The three-year, floating-rate loan is structured with interest-only payments for the entire term. Steven Muth of M&T Realty Capital Corp’.s Richmond, Va., office led the transaction.