There’s a new senior housing lender in town: an existing real estate mortgage services provider recently announced an expansion from its affordable and conventional multifamily housing finance platforms into healthcare. Centerline Capital Group has launched a new national healthcare lending platform that will fund loans for the acquisition, new construction, and sub-rehabilitation of community-based residential […]
Centerline Capital Group
Senior living professionals have been moving on up the ladder, with several promotions in this edition of Movers & Shakers along along with new appointments and hires. Are you looking to shake up your own career? Look for senior housing jobs nationwide on SHN’s job board. Employers: Take advantage of our job board to look for some of […]
Berkadia Originates $14.4 Million Acquisition Loan for Chevalier Berkadia Commercial Mortgage LLC recently originated a $14.4 million, three-year floating rate acquisition loan to finance Chevalier International Holdings Limited’s acquisition of an 18-property portfolio of assisted living communities operated by Meridian Senior Living. Christopher Fenton, vice president at Berkadia, arranged the loan through the firm’s proprietary […]
Sunrise Refinances Assisted Living Section of Troubled Maryland Senior Complex Sunrise Senior Living (NYSE:SRZ) announced last Thursday that its Fox Hill assisted living venture has refinanced the existing mortgage financing on the assisted living section of the Bethesda, Md. Fox Hill senior living community. The new mortgage financing was provided by Eagle Bank, says Sunrise, […]
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