SAN ANTONIO — CBRE has arranged a refinancing for Franklin Park Alamo Heights, a 221-unit independent living, assisted living and memory care community in San Antonio.
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NEW JERSEY — Monticello Asset Management has provided $65 million in bridge-to-HUD financing to HP Intermediate Administrative Services LLC for the acquisition of four seniors housing communities in New Jersey. In addition, Monticello provided a $4 million working capital loan to the operator of the communities.
VALLEJO, Calif. — Cushman & Wakefield Senior Housing Capital Markets has arranged a $23.8 million construction loan for The Lodge at Glen Cove, a 142-unit assisted living and memory care community in Vallejo, on the waterfront of the San Francisco Bay overlooking Carquinez Strait.
FOUNTAIN VALLEY, Calif. — Bend, Oregon-based Sunshine Retirement Living has announced plans for Park View Estates, a 100,000-square-foot assisted living and memory care community in Fountain Valley, located approximately 35 miles southeast of downtown Los Angeles.