Transactions & Financings: Brookdale Closes $250M Credit Facility; Lancaster Pollard’s $58M Deal Volume

Brookdale terminates $250M credit facility; refinances assets Brookdale Senior Living (NYSE: BKD) secured $267 million of non-recourse mortgage debt and terminated its $250 million revolving credit facility. The debt was obtained from Capital One, through Freddie Mac’s Capital Markets Execution Program. The financing includes $191 million of 2.89% fixed rate notes and $76 million of […]

Senior Housing Finance Activity: Walker & Dunlop, CBRE

Walker & Dunlop Arranges $39.7 Million Loan in Honolulu, Hawaii, $5 Million Construction Loan in Murfreesboro, Tennessee Walker & Dunlop, Inc. (NYSE: WD), a commercial real estate finance company providing financing and investment sales to owners of multifamily and commercial properties, announced it arranged a $39.69 million loan for Plaza at Pearl City in Honolulu, […]

In the Pipeline: Senior Housing Construction Projects (4/10/14)

Construction: Planned Smith/Packett Planning 102-unit Assisted Living Project in Virginia Senior housing developer Smith/Packett has plans to build a 102-unit assisted living community in Tabb, Virginia, reports Williamsburg Yorktown Daily. An application for the project submitted by Smith/Packett outlines a two-story building totaling about 90,000-square-feet, including amenities such as activity rooms, a commercial kitchen, dining room, […]