NEW YORK CITY — Home Street Partners has completed construction of Home Street Residences, an affordable housing community in the Bronx The 75,000-square-foot building rises eight stories in the Foxhurst neighborhood. Of the 63 apartments, 30 percent are reserved for
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NEW YORK CITY — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged loans totaling $12.9 million for two seniors housing communities in Queens. In the first transaction, Harborview arranged a $6.9 million loan to
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NEW YORK — Monticello has provided $46.8 million in first lien debt financing to refinance one skilled nursing property and two adult day care properties totaling 407 beds in New York. The transaction also includes a $3 million working capital
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SARATOGA SPRINGS, N.Y. — Live Oak Bank has provided a $5.8 million loan to refinance Home of the Good Shepherd Saratoga in Saratoga Springs, approximately 30 miles north of Albany. Home of the Good Shepherd is a faith-based, nonprofit operator
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HUNTINGTON, N.Y. — Sunrise Senior Living has completed construction of Sunrise of Huntington, located in the Suffolk County town of Huntington on Long Island. The community can accommodate up to 108 residents and offers assisted living and memory care services.
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ROCHESTER, N.Y. — Ziegler, a specialty investment bank, has closed $108.8 million in bond financing for continued renovations at St. Ann’s Home in Rochester. St. Ann’s Community operates the community, along with four others. Phase I of the master-planned project
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AMITYVILLE, N.Y. — Greystone has provided a $71.3 million HUD-insured loan to refinance Massapequa Center Rehabilitation & Nursing, a 320-bed skilled nursing facility in the Long Island village of Amityville. Fred Levine of Greystone originated the transaction. The financing carries
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GENESEO, N.Y. — M&T Realty Capital Corp. has provided a $7.5 million refinancing for a 64-unit assisted living facility in Geneseo, a town in the Finger Lakes region. At a 75 percent loan-to-value ratio, the 10-year, 4.18 percent fixed-rate loan
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NEW YORK CITY — JLL has arranged a $47.5 million loan for the refinancing of The 80th Street Residence, an assisted living facility in Manhattan. The property specializes in enhanced memory care and comprises 61 units and 70 beds. IDB
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GLOVERSVILLE, N.Y. — M&T Realty Capital Corp. has provided a $14.9 million FHA-insured loan to refinance of a 176-bed skilled nursing facility in Gloversville, approximately midway between Albany and Utica. The loan was completed under the FHA 223(f) program. The
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NEW YORK CITY — Greystone has provided a $68.5 million Fannie Mae loan to refinance Capitol Apartments, a Section 8 affordable seniors housing property in New York. Located on 8th Avenue where Hell’s Kitchen meets the Theater District in Manhattan, Capitol
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BRIARCLIFF MANOR, N.Y. — Senior Lifestyle Corp. has welcomed its first residents at The Club at Briarcliff Manor, a seniors housing community in Briarcliff Manor, a village along the Hudson River approximately 30 miles north of New York City. The
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JERICHO, N.Y. — Engel Burman has opened Encore Luxury Living, a seniors housing community in the Long Island hamlet of Jericho. The property offers active adult living, with rents starting at $8,400 per month. Housekeeping and maintenance are included in
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NEW ROCHELLE, N.Y. — The Masonic Hall and Asylum Fund has acquired the former College of New Rochelle campus just north of the Bronx for $32 million, according to reports from The Journal News. The college declared bankruptcy in September,
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NEW YORK CITY — Monticello Asset Management LLC has provided $40 million in first lien debt financing for an assisted living facility in the Bronx. The property features a total of 256 beds. The borrower and name of the facility
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WOODBURY, N.Y. — EW Howell Construction Group has completed Orchard Estate of Woodbury, and 89-unit assisted living and memory care community in Woodbury.
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WHITE PLAINS, N.Y. — A joint venture between Congress Building Corp. and Consigli Construction have completed construction of The White Plains Institute for Rehabilitation and Healthcare in White Plains, about 15 miles northeast of New York City.
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SPRING LAKE, N.J., NEW YORK CITY and YORKTOWN, Va. — M&T Realty Capital Corp. has provided three loans totaling $84.6 million for seniors housing communities in New Jersey, New York and Virginia.
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NEWFANE, N.Y. — Contemporary Healthcare Capital has provided a $2.1 million mezzanine loan to refinance a skilled nursing facility in Newfane, located along Lake Ontario north of Buffalo.
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MOUNT VERNON, N.Y. — NorthMarq has arranged a $7.5 million refinancing for Lohman Village, a 31-unit seniors housing community in Mount Vernon, just north of the Bronx.
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NEW YORK CITY — Berkadia has provided $104.3 million in financing for Workmen’s Circle Multicare Center, a skilled nursing facility in the Bronx.
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PORT JEFFERSON STATION, N.Y. — Dwight Capital has closed a $12.8 million bridge loan for Woodhaven Center of Care, a 181-bed assisted living facility in the Long Island hamlet of Port Jefferson Station.
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NEW YORK CITY — HANAC Inc., Enterprise Community Partners and Chase have opened the doors on Corona Senior Residence, an affordable seniors housing community in the Corona neighborhood of Queens.
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NEW YORK CITY — The Community Preservation Corp. (CPC), Project FIND, the Joint Ownership Entity New York City (JOE NYC), and the New York City Department of Housing Preservation and Development (HPD) have received a $6 million Fannie Mae Multifamily
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PORT JERVIS, N.Y. — The Sentinel has opened the doors on The Sentinel of Port Jervis, a 160-unit assisted living community.
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ORCHARD PARK and PITTSFORD, N.Y. — KeyBank Real Estate Capital has originated a total of $65.9 million in Freddie Mac financing for two seniors housing properties in Western New York.
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NEW YORK CITY — Commercial real estate advisory firm Newmark Knight Frank (NKF) has expanded its seniors housing team, hiring Heidi Brunet and Lisa Lautner as executive managing directors.
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