Recently Rebranded Senior Living Community Refinances

Having just undergone a renovation and a rebranding, an assisted living/memory care community in Dallas, Texas obtained a first mortgage loan, courtesy of MidCap Financial.

The borrower for the $6.25 million floating-rate loan was a joint venture between private equity firm Artemis Real Estate Partners and Fort Worth-based operator Civitas Senior Living.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *