The interest-only bridge financing refinanced existing debt on the portfolio and provided significant cash out to the borrower, while creating a path toward permanent FHA/HUD-insured financing through Greystone’s integrated bridge and HUD lending platform.
“Greystone’s bridge platform continues to provide healthcare operators with flexible capital solutions that position their portfolios for long-term success,” said Mr. Clare. “In this case, we were able to structure financing that refinanced existing debt while creating a clear path to HUD execution for a high-quality assisted living portfolio in a supply-constrained market.”
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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