KeyBank Real Estate Capital arranged a trio of HUD loans for skilled nursing properties located across Texas. The Corpus Christi facility, built in 2015 with 60 semi-private units and a 112-space parking lot, received a $16 million loan. Opened in 2009 and renovated in 2019, again with 60 semi-private rooms, the Bastrop facility obtained a $14.5 million loan. Finally, KeyBank arranged a $14 million loan for a 138-bed (69-unit) facility in San Antonio that was built in 1975 and renovated in 2013.
Grant Saunders, Peter Trazzera and John Randolph made up the KeyBank team that closed the transactions.
