{"id":14065,"date":"2025-04-01T19:01:24","date_gmt":"2025-04-02T00:01:24","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-30-million-in-bridge-financing-for-rhode-island-nursing-home-portfolio\/14065\/"},"modified":"2025-04-02T14:01:24","modified_gmt":"2025-04-02T19:01:24","slug":"greystone-provides-30-million-in-bridge-financing-for-rhode-island-nursing-home-portfolio","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-30-million-in-bridge-financing-for-rhode-island-nursing-home-portfolio\/14065\/","title":{"rendered":"Greystone Provides $30 Million in Bridge Financing for Rhode Island Nursing Home Portfolio"},"content":{"rendered":"<div> The bridge financing was originated by Ryan Harkins and Christopher Clare, both Managing Directors at Greystone.  <\/p>\n<p>The skilled nursing facilities included:<\/p>\n<ul type=\"disc\">\n<li>Bayberry Commons in Pascoag, Rhode Island, consisting of 120 SNF beds;\n<\/li>\n<li>Eastgate Nursing &amp; Rehabilitation Center in East Providence consisting of 76 SNF beds;\n<\/li>\n<li>South Kingstown Nursing &amp; Rehab Center in West Kingston, consisting of 112 SNF beds;\n<\/li>\n<li>West Shore Health Center in Warwick, consisting of 149 SNF beds;\n<\/li>\n<li>Village House Nursing &amp; Rehabilitation Center in Newport, consisting of 95 SNF beds; and\n<\/li>\n<li>Elmwood Nursing &amp; Rehabilitation Center in Providence, consisting of 70 SNF beds.<\/li>\n<\/ul>\n<p>\u201cGreystone\u2019s bridge lending platform is particularly well-suited for the skilled nursing sector, as we have a variety of industry-leading permanent financing options, including our top-ranked HUD\/FHA platform, that can help meet a borrower\u2019s needs,\u201d said Mr. Harkins. \u201cOur team\u2019s deep experience in the healthcare and seniors sector is a clear advantage for our clients.\u201d<\/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=IK0cQaWMMj_Zld_7J_CmGOWIg3b08lVU1Grt5PX9DklUuBzVL3y5uQh7jsUj0aQrfGjqhwGD2bPP-C2L9n_3DJEwvW0OOXiGMiHVEzry0sA=\" 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=9sqodNy5hjIvq_rsM844kRfTJD3XCJ1OCmFXiZJnr4j5WCmnFP7cYnNysKcQC8SBezwSxlMf5XSK8z5lRTpTUT7KO40aUYzWo3oDQ1ajK5s=\" 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\/ZjZjZTI4ODEtMzE1Yi00Y2QwLWI0MjYtNDJkYzUyM2FmN2VhLTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided $29,900,000 in bridge financing for the acquisition of a portfolio of six skilled nursing facilities in Rhode Island.<\/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\/14065"}],"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=14065"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/14065\/revisions"}],"predecessor-version":[{"id":14070,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/14065\/revisions\/14070"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=14065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=14065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=14065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}