Working on behalf of Saber Healthcare Group and Regency Senior Living, Kevin Giusti of Walker & Dunlop went through HUD to arrange five financings for five separate senior care properties located in three states. The transactions include a $14.5 million financing for a senior living community in Fort Oglethorpe, Georgia, $12 million for an assisted living/memory care community in Morristown, Tennessee, and three loans totaling $13.65 million for three properties in Ohio. One of the properties with existing short-term bank and agency debt was able to refinance into a single loan that also funds a planned 16-unit addition.
Walker & Dunlop Closes Five HUD Financings
