Grandbridge Arranges $30.3M Refinancing for 133-Unit Community in Massachusetts

by Jeff Shaw

NORTH ANDOVER, Mass. — Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance team has arranged the $30.3 million refinancing of Brightview North Andover, a 133-unit independent living, assisted living and memory care community in the Boston suburb of North Andover.

The loan was placed through Fannie Mae’s DUS Structured Adjustable Rate Mortgage (SARM) product.

Richard Thomas led the Atlanta-based Grandbridge team.

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