MOUNT VERNON, N.Y. — NorthMarq Capital has arranged a $2 million second mortgage for Lohman Village, a 31-unit adult care facility located in Mount Vernon, just outside of New York City proper.
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COLUMBUS and CLEVELAND, Ohio, and ERIE, Pa. — LTC Properties Inc. (NYSE: LTC) has sold five assisted living and memory care communities in Ohio and Pennsylvania for $67.5 million. The seller and the buyer, National Health Investors Inc. (NYSE: NHI), are both publicly traded REITs targeting healthcare and seniors housing properties.