Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $19.68 million loan through HUD to refinance two skilled nursing facilities totaling 205-beds located in Illinois. The non-recourse loan features a 35-year amortization.
The transaction follows a $15.63 million HUD loan arranged for the refinance of a 192-bed assisted living facility in New York. Closed last month, the non-recourse loan featured a 35-year amortization and was originated by David Nussbaum, Director of Capital Markets.
