Grandbridge Provides $16.6M Acquisition Financing for Summer Vista Assisted Living in Pensacola

PENSACOLA, Fla. — Grandbridge’s Seniors Housing and Healthcare Finance Group has provided $16.6 million in financing for the acquisition of Summer Vista Assisted Living in Pensacola.

The property totals 89 units of assisted living and memory care. Details on the buyer and seller were not disclosed.

Richard Thomas and Thomas Wiedeman, based in Grandbridge’s Atlanta office, originated the Freddie Mac loan.