DELRAY BEACH, Fla. — Big Rock Partners has completed the initial public offering for Big Rock Acquisition Corp. (NASDAQ: BRPAU), a special purpose acquisition company (SPAC) that will seek investments in the seniors housing sector.
News
GARNET VALLEY, Pa. — Sims Mortgage Funding, a subsidiary of HJ Sims, has arranges a $4 million loan for Naamans Creek Country Manor, a 90-bed skilled nursing facility in Garnet Valley, located near the Delaware border between Philadelphia and Wilmington.
Lancaster Pollard Arranges Four FHA Refinancings Totaling $55.1M for Summit Healthcare REIT
by Jeff Shaw
DELAWARE and OREGON — Lancaster Pollard has arranged $55.1 million in FHA Section 232/223(f) loans to refinance four Summit Healthcare REIT properties in Delaware and Oregon. The program provides for the acquisition and refinancing of healthcare properties including licensed skilled nursing facilities, assisted living, intermediate care facilities, board and care, and combinations thereof.