OREGON and MISSOURI — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged two loans totaling $16.7 million for seniors housing communities in Oregon and Missouri.
News
Due to strong demographic shifts and increasing demand, seniors housing is “one of the strongest asset classes over the past 10 years, and this should continue for the foreseeable future,” according to the 2018 edition of Viewpoint, an annual commercial real estate trends report released by Integra Realty Resources (IRR).
Monticello Provides $16.5M Bridge Loan for 119-Bed Skilled Nursing Facility in Tennessee
by Jeff Shaw
TENNESSEE — An affiliate of Monticello Asset Management LLC has provided a $16.5 million loan to Nashville 832 Wedgewood Property LLC for the acquisition of a 119-bed skilled nursing facility in Tennessee. The name and specific location of the property were not disclosed.
ROHNERT PARK, Calif. — Cushman & Wakefield’s Senior Housing Capital Markets Group has arranged $20.6 million in construction financing for Clearwater at Sonoma Hills, a 90-unit assisted living and memory care community in the Sonoma County metro of Rohnert Park.