Pillar Provides $6.4M HUD Refinancing for Skilled Nursing Facility in Virginia

by Jeff Shaw

HARRISONBURG, Va. — Pillar has originated a $6.4 million HUD loan for the refinancing of Avante at Harrisonburg Health and Rehabilitation, a 117-bed skilled nursing facility in Harrisonburg.

Ganot Corp. and its affiliated operator, Avante Group, are the borrowers for the fixed-rate, fully amortizing, 35-year.

Joshua Hausfeld, managing director of Pillar’s Bethesda office, originated the loan.

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