Grandbridge Arranges $6.5M Loan for Skilled Nursing Facility in Quitman, Georgia

by Jeff Shaw

QUITMAN, Ga. — Grandbridge’s Seniors Housing and Healthcare Finance Group has closed a $6.5 million loan for Presbyterian Home & Retirement Community, a 204-bed skilled nursing and assisted living facility.

The property is located in Quitman, a small city near the Florida border in South Georgia.

Grandbridge arranged the financing through FHA’s 232/223(f) Interest Rate Reduction loan product.

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