Greystone Provides $14M Acquisition Financing for Skilled Nursing Facility in Kansas

JOHNSON COUNTY, Kan. — Greystone has provided $14 million in bridge financing for the acquisition of a 130-bed skilled nursing facility in Johnson County, just southwest of Kansas City. 

Leor Dimant of Greystone originated the 24-month loan, representing a 90 percent loan-to-cost ratio. The undisclosed borrower will use the funds for the acquisition as Greystone works on securing permanent, fixed-rate financing through HUD.