![Greystone Finances AL/MC Community Through Freddie Mac](https://seniorcare.levinassociates.com/wp-content/uploads/sites/2/2017/12/bigstock-Concept-Of-Money-Deposite-Bonu-206496508-e1626377959192.jpg)
![Greystone Finances AL/MC Community Through Freddie Mac](https://seniorcare.levinassociates.com/wp-content/uploads/sites/2/2017/12/bigstock-Concept-Of-Money-Deposite-Bonu-206496508-e1626377959192.jpg)
![Greystone Arranges Two Agency Financings](https://seniorcare.levinassociates.com/wp-content/uploads/sites/2/2016/08/bigstock-Piggy-Bank-And-Woman-92871203.jpg)
Greystone Arranges Two Agency Financings
Fred Levine of Greystone arranged a HUD refinance for a skilled nursing facility in Cortlandt, New York. Built in 1984 and featuring 127 beds in 96 units, the facility offers both short- and long-term rehabilitation, along with physician services and complex medical care. Offered therapies include occupational, physical, cardiac, speech, post-surgical orthopedic care, stroke recovery, hip repair/joint replacement recovery, amputee recovery and training, off-site dialysis, bariatric rehabilitation, wound care, and IV antibiotic therapy. The $22.217 million loan came with a low, fixed interest rate and a 35-year term. Matt Miller of Greystone followed that up... Read More »![Greystone Arranges Trio of HUD Refinances](https://seniorcare.levinassociates.com/wp-content/uploads/sites/2/2016/06/DMF_6-10-16_1-e1590758168551.png)
Greystone Arranges Trio of HUD Refinances
Greystone refinanced a trio of assisted living communities in New Hampshire with three HUD loans totaling $23.8 million. Located throughout the southern part of the state in Manchester, Bedford and Nashua, the communities are owned by The Courville Company and represent the company’s entire seniors housing portfolio (they also own a skilled nursing facility in Nashua). There are more than 150 assisted living units across the communities. Lisa Fischman of Greystone originated the interest rate reduction transaction, which lowered the interest rates on the existing HUD loans while maintaining the existing maturity and loan amount. Read More »![Greystone Arranges Trio of HUD Refinances](https://seniorcare.levinassociates.com/wp-content/uploads/sites/2/2016/06/DMF_6-10-16_1-e1590758168551.png)
Bridge Loan Closed in Boonville, New York
Greystone has provided a $10.37 million bridge loan for the refinance of a skilled nursing facility in Boonville, New York, about 25 miles north of Utica. Opened in 1947 but expanded in 1958, 1964 and 1985, the facility features 120 beds and an outpatient occupational therapy program. It was renovated in 2008 and now consists of 54 semiprivate and 12 private units in one story. It is the only skilled nursing facility in a 15-mile radius. The facility’s third-generation family owner/operator wished to refinance existing recourse senior debt and eventually obtain a permanent mortgage, so they worked with Greystone’s Fred Levine to secure a $10.37 million bridge loan. That came with a... Read More »![Despite COVID-19, HUD Lean Records Strong 2020 Fiscal Year](https://seniorcare.levinassociates.com/wp-content/uploads/sites/2/2018/11/bigstock-Wealth-85345043.jpg)