MidCap Financial Provides $46M First Mortgage Loan for Sonata Senior Living Portfolio in South Florida

BETHESDA, Md. — MidCap Financial has provided a $46 million, floating-rate, first mortgage loan for Fortress Investment Group.

The funds will facilitate the acquisition of a portfolio of five senior housing communities totaling 444 units across South Florida. Sonata Senior Living is the operator of the portfolio

Allison Holland at Jones Lang LaSalle arranged the financing.