With HUD transaction volume expected to rise in the senior care industry, following the recent debt-seasoning requirement (among other) changes, it’s no wonder MidCap Financial wants to establish a presence there in acquiring Pineview Capital Group, an experienced Denver-based HUD lender. With the benefit of its balance sheet, MidCap already boasts an array of services, […]
In one of the company’s largest transactions closed in recent years, Denver-based Pineview Capital Group secured a $12.35 million HUD loan to refinance a 153-unit senior living community in Butte, Montana. The community was built in 1999 on a 13-acre property, with 102 assisted living units, 31 independent living units and 20 memory care units. […]
A trio of assisted living communities in the Pocatello, Idaho area (in the southeastern part of the state) were refinanced with a $3.89 million HUD scattered site loan. Denver-based Pineview Capital Group arranged the financing, which featured a 35-year term and an interest rate below 4%. With two built in 2008 and one in 2006, […]