{"id":13906,"date":"2025-03-11T22:41:07","date_gmt":"2025-03-12T03:41:07","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-30-million-bridge-loan-for-connecticut-snf-facility\/13906\/"},"modified":"2025-03-12T17:41:07","modified_gmt":"2025-03-12T22:41:07","slug":"greystone-provides-30-million-bridge-loan-for-connecticut-snf-facility","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-30-million-bridge-loan-for-connecticut-snf-facility\/13906\/","title":{"rendered":"Greystone Provides $30 Million Bridge Loan for Connecticut SNF Facility"},"content":{"rendered":"<div> The financing was originated by Fred Levine, Managing Director at Greystone.  <\/p>\n<p>The facility, comprising 190 beds, provides long-term care and rehabilitation, Alzheimer\u2019s and dementia care, wound care &amp; IV therapy, and therapeutic recreation. The bridge loan provided by Greystone carries a two and a half-year term with an extension option, and the borrower intends to pursue permanent financing from HUD.<\/p>\n<p>\u201cGreystone\u2019s re-invigorated bridge lending platform has a long track record for providing creative financing for Borrowers to re-invest in their facilities and prepare for permanent financing with HUD,\u201d said Mr. Levine. \u201cOur team has 20+ years\u2019 experience funding successful bridge to HUD transactions. It\u2019s gratifying when repeat Borrowers understand and appreciate the value our experience brings to their transactions,\u201d he added.<\/p>\n<p align=\"justify\"><strong>About Greystone<\/strong><br \/>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 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aVyjM6b4xrInZVweVyg7Au1xHHQRu_cL_prIV9QzVvzvlF7jIfQVwgyUmVm6UT_o4PsZZnUw1v0PzIVJI8Luc1u9JHiTxL_fWRjJvIyb8ck=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.greystone.com\">www.greystone.com<\/a>.<\/p>\n<p align=\"justify\"><strong>PRESS CONTACT:<\/strong><br \/>Karen Marotta<br \/>Greystone<br \/>212-896-9149<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NhbPe6gFCQG_gMl2BXzIocy3xNVIQd39S7uQalCw0gZmI3UPIxkirGkGvHk6UpuPsMjyW2xys9TVGshq8AKtHYwh_nrL7ldBhVWScgPc_8w=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Karen.Marotta@greyco.com\">Karen.Marotta@greyco.com<\/a><\/p>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/YWY3NmRhMjYtMWZmMi00NjExLWEwOGEtN2U5ZGFhYWM0ZjY5LTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided a $33,000,000 bridge loan to refinance a skilled nursing facility in Connecticut.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13906"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=13906"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13906\/revisions"}],"predecessor-version":[{"id":13914,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13906\/revisions\/13914"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=13906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=13906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=13906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}