KeyBank Real Estate Capital arranged acquisition financing for two skilled nursing portfolios in Nevada and Texas. A joint venture between Capital Senior Ventures and BlueMountain Capital Management was the buyer in both transactions. In the larger deal, Grant Saunders and Peter Trazzera provided a $105.8 million bridge loan to fund the purchase of 12 skilled nursing facilities and to refinance the existing debt of four SNFs located throughout Texas. In total, the 16 facilities have 1,924 beds.
Then, Messrs. Saunders and Trazzera arranged a $21.9 million loan for the acquisition of three skilled nursing facilities and 359 beds in Las Vegas and Carson City, Nevada.
