ATLANTA — Grandbridge Real Estate Capital’s Seniors Housing and Diversified Healthcare Finance Group has arranged $426.8 million in financing for a seniors housing portfolio. The borrower is a publicly traded healthcare REIT.
The portfolio comprises 19 seniors housing properties across 10 states and was financed by an agency lender. Further details on the borrower, properties and financing were not disclosed.
Richard Thomas, Todd Paradis and Meredith Davis led the transaction for Atlanta-based Grandbridge.