Grandbridge Arranges $42.3M Refinancing for Assisted Living Community in California

by Jeff Shaw

CORTE MADERA, Calif. — The Atlanta-based Seniors Housing and Healthcare Finance Team of Grandbridge Real Estate Capital has arranged a $42.3 million refinancing for Aegis of Corte Madera, a 118-unit assisted living and memory care near San Francisco.

A life insurance company provided funding for the loan.

Grandbridge’s Richard Thomas, senior vice president, and Meredith Davis, vice president, originated the transaction.

Grandbridge Real Estate Capital arranges permanent commercial and multifamily real estate loans, services loan portfolios and provides asset and portfolio management, as well as real estate brokerage services.

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