LOS ANGELES — Housing & Healthcare Finance has arranged a $6 million HUD refinancing for a 99-bed skilled nursing facility in the greater Los Angeles area. The name of the facility was not disclosed.
Skilled Nursing
Harborview Arranges $20.7M Acquisition Loan, Line of Credit for Skilled Nursing Facility in New York
by Jeff Shaw
WESTCHESTER, N.Y. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $19.2 million bridge-to-HUD acquisition loan and $1.5 million line of credit for a skilled nursing facility in the New York City suburb of Westchester.
ALBUQUERQUE, N.M., and BROWNSVILLE, Texas — CareTrust REIT, Inc. (NASDAQ: CTRE) has acquired two skilled nursing facilities: The Rio at Cabezon, a 136-bed facility located in Albuquerque, and The Rio at Fox Hollow, a 126-bed facility in Brownsville, at the southern tip of Texas along the Mexican border.
LAMAR, Colo., MONTE VISTA, Colo., and MYRTLE POINT, Ore. — Lancaster Pollard has arranged $9.5 million in FHA financing for Summit Healthcare REIT. The loans will refinance the acquisition loans on three skilled nursing facilities in the Western United States.