The portfolio is comprised of four skilled nursing facilities totaling 385 beds across Rhode Island. Greystone previously provided bridge financing for the portfolio, positioning the borrower to transition to long-term FHA/HUD-insured financing. The refinance supports the borrower’s long-term ownership strategy by replacing interim bridge debt with stable, lower-cost financing through HUD, reinforcing the portfolio’s continued operational and financial objectives.
“Greystone’s integrated platform continues to deliver financing solutions that support both immediate refinancing needs and long-term strategic goals,” said Mr. Harkins. “This transaction reflects our commitment to helping healthcare operators optimize performance while securing durable, lower-cost capital through HUD execution.”
About Greystone
Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit www.greystone.com.
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