Chris Blanda of Lancaster Pollard continued his work with Trilogy Health Services, recently refinancing a portfolio of 10 health campuses in Indiana with a $158.4 million HUD loan. Typical of many Trilogy-developed properties, this portfolio includes a mix of skilled nursing, rehab, assisted living, memory care and independent living units.
The refinance comes with a low interest rate and pays off existing bridge loans as well as a real estate revolver that were used to acquire the properties from HCP, Inc. Mr. Blanda also previously arranged a $38.5 million refinance of four Trilogy healthcare campuses in Indiana and Kentucky back in 2014, and Lancaster Pollard also closed a $63.4 million refinance of eight more properties in 2013. The relationship clearly has worked for both parties.
