by Steph Mallozzi | Jan 16, 2025 3:05 pm | Financings
MONTICELLOAM’s Healthcare Bridge Lending team closed $73.2 million in total bridge and working capital financing for a portfolio of senior care communities across Ohio. The $64.7 million floating-rate senior bridge loan will be used by the pre-existing sponsor group,... Read More »
by Steph Mallozzi | Jan 16, 2025 3:01 pm | Acquisitions, Financings
Forbright Bank’s Healthcare and HUD lending teams closed 2024 with strong deal activity. Last year the Healthcare and HUD lending teams provided more than $400 million in financing to organizations in more than 12 states. In one recent transaction, Forbright... Read More »
by Steph Mallozzi | Jan 16, 2025 2:52 pm | Financings
BMO’s Healthcare Real Estate Finance group acted as sole lender on a term loan refinancing of $30 million for The Solana East Cobb, a Class-A, 94-unit assisted living and memory care community in the Atlanta, Georgia MSA. The community has been operated by The Arbor... Read More »
by Steph Mallozzi | Jan 16, 2025 2:51 pm | Financings
Marathon Asset Management’s Commercial Real Estate platform originated a $154.5 million mortgage loan to a joint venture between Monarch Alternative Capital LP and REDICO to fund the refinance of The American House Florida Portfolio. Marathon’s Joseph Griffin... Read More »
by Steph Mallozzi | Jan 16, 2025 2:50 pm | Uncategorized
Pegasus Senior Living announced several leadership changes that it believes will position the organization for continued growth in 2025 and beyond. Industry veteran Chris Hollister, Pegasus Chair and CEO, will maintain his role with a refined focus on revenue growth... Read More »