As the number of seniors housing finance players continued to expand over the course of 2013, and more liquidity came into the market, several lenders posted big originations numbers both in terms of origination counts and dollar volume of lending facilitated. Topping the list for last year’s originations for senior housing specified as age restricted […]
Grandbridge Real Estate Capital
Contemporary Healthcare Capital Provides Acquisition Financing Contemporary Healthcare Capital, LLC has provided a $6,850,000 senior mortgage loan, a $1,250,000 mezzanine loan, and a $800,000 preferred equity loan to finance the acquisition of a 120 bed licensed assisted living and memory care facility located in Sumter, S.C. The funds will also be used for the renovation of the […]
Capital One Closes $19.5 Million Loan for Revera Health Systems Capital One Bank announced on Monday it had provided a three-year, $19.5 million secured term loan to Revera Health Systems, Inc., a long-term care and rehabilitation provider with multiple skilled nursing centers across the U.S. Proceeds of the loan were used to refinance existing senior […]
Prudential Mortgage Capital Closes Two Senior Housing Loans Totaling 19.8 Million Prudential Mortgage Capital Company recently closed two senior housing loans totaling nearly $20 million. The first was a $2.8 million, 20-year, fixed-rate loan to refinance Camino Retirement Apartments, a 98-bed assisted living and independent living community in Albuquerque, N.M. The second was a $17 […]
Grandbridge Real Estate Capital Facilitates $7 Million Financing for ALF Renovation Grandbridge Real Estate Capital recently facilitated the financing for an affiliate of The Carlyle Group’s joint venture with Atlanta-based Formation Development Group to acquire and renovate The Renaissance on Peachtree, an assisted and independent living community located in the Buckhead neighborhood of Atlanta, Ga. […]
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