Live Oak Provides $27.2M Refinancing for Community in Woodbury, New York

by Jeff Shaw

WOODBURY, N.Y. — Live Oak Bank has provided a $27.2 million refinancing for an 89-unit assisted living and memory care community in Woodbury.

Located in the Hudson Valley, Benchmark Senior Living operates the stabilized community. Benchmark and its joint venture partner, Iron Point Partners LLC, developed the building.

Although the name of the community was not disclosed, Orchard Estate of Woodbury is the only Benchmark-operated property in the town.

You may also like