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News Stories (9 Results) - Nursing Facilities

CIT Group announced that its Healthcare Finance business served as sole lead arranger for a $27.2 million loan for two assisted living facilities in Texas.The borrower, a joint venture between Harrison Street and Franklin Development Partners, is... Read Story

September 13, 2019, 08:50 AM

CIT Group Inc. (NYSE: CIT) announced that its Healthcare Finance unit served as sole lead arranger on a $34 million financing for an assisted living facility in Richmond, Texas.The loan will be used primarily to refinance construction debt on the... Read Story

September 11, 2019, 08:40 AM

Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $14,500,000 to Living Well Lodges Management Company, LLC.Living Well is comprised of 3 assisted living facilities located in Florida. These... Read Story

September 04, 2019, 08:55 AM

White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a $66.0 million senior credit facility for GMF Capital, LLC (GMF).  The funds were used to refinance a portfolio of 14 skilled nursing... Read Story

August 07, 2019, 08:50 AM

Monticello Asset Management, LLC, a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $35.6 million in first lien debt financing for the acquisition of three skilled nursing properties and... Read Story

April 10, 2019, 08:55 AM

Monticello Asset Management, LLC, a specialized private real estate and asset-based lender, servicer and fund manager, announced it has provided $37.8 million in first lien debt financing for the acquisition of two skilled nursing properties totaling... Read Story

February 11, 2019, 07:43 AM

Monticello Asset Management, LLC announced that two of Monticello’s investment vehicles originated $8.375 million in first lien debt financing to Healthcare Management KY, LLC and a $1.50 million working capital loan to the operating companies of the... Read Story

July 12, 2018, 07:08 AM

Monticello Asset Management, LLC announced that one of Monticello’s investment vehicles originated $16.48 million in first lien debt financing to Nashville 832 Wedgewood Property, LLC. The Mortgagor is using the funds to acquire a single property in... Read Story

January 31, 2018, 07:16 AM

Monticello Asset Management, LLC announced that one of Monticello’s investment vehicles originated $6,250,000 in first lien debt financing to Olathe Property Holdings, LLC and AHO, LLC. The mortgagors are using the funds to acquire a 147 bed Skilled... Read Story

April 12, 2017, 07:35 AM