{"id":2649,"date":"2021-05-03T21:49:28","date_gmt":"2021-05-04T02:49:28","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-11-9-million-in-hud-insured-financing-for-assisted-living-facility-in-omaha-ne\/2649\/"},"modified":"2021-05-04T16:49:28","modified_gmt":"2021-05-04T21:49:28","slug":"greystone-provides-11-9-million-in-hud-insured-financing-for-assisted-living-facility-in-omaha-ne","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-11-9-million-in-hud-insured-financing-for-assisted-living-facility-in-omaha-ne\/2649\/","title":{"rendered":"Greystone Provides $11.9 Million in HUD-Insured Financing for\u00a0Assisted Living Facility in Omaha, NE"},"content":{"rendered":"<div> The financing was originated by Eric Rosenstock, Managing Director in Greystone\u2019s New York office, along with Jesse Yodice, on behalf of Heritage Communities.  <\/p>\n<p align=\"left\">The $11,914,100 HUD-insured financing carries a new 35-year term along with a low, fixed interest rate, creating true cash flow upside given the overall debt service savings. Located on 168<sup>th<\/sup> &amp; Blondo, <strong>Heritage Pointe Assisted Living<\/strong> consists of 108 assisted living beds and 20 memory care beds with a range of amenities for residents including full dining service, recreational activities, salon \/ barber shop, exercise facilities, and movie theater.<\/p>\n<p align=\"left\">\u201cHeritage Communities is a true example of the passion required to build a successful seniors housing portfolio,\u201d said Mr. Rosenstock. \u201cIt\u2019s a pleasure to help the team fine-tune their assets and take full advantage of the benefits that HUD-insured financing has to offer, and I look forward to future transactions across their portfolio.\u201d<\/p>\n<p align=\"left\">\u201cGreystone is by far the go-to expert in HUD financing, and their healthcare industry expertise is unrivaled as well,\u201d said Mr. Nate Underwood, Co-founder and President of Heritage Communities. \u201cTheir guidance and tenacity have helped us continue to grow through the pandemic, and as we come out on the other side, we have even higher aspirations for positive resident outcomes with their help.\u201d<\/p>\n<p align=\"left\"><strong>About Greystone<\/strong><br \/>Greystone is a 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=L2Xdm01-GG_pIoYg9qfYaDJ9ZcroisIlWiCJqWonJLY98fWI4F454rj8hABtIOqxC4_H5BCw2170IhYGTYXH3g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"www.greystone.com\">www.greystone.com<\/a>.<\/p>\n<p align=\"left\"><strong>PRESS CONTACT:<\/strong><br \/>Karen Marotta<br \/>Greystone<br \/>212-896-9149<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HWQ4e230wG86k3566DuZnfNRe952bDal_cqo-nIm3LT1kGpRxWPkKDrLvuYCvFRjzezg9JnlNEgHZPVhX8Jc_-0BrHTINSGOvBzfir75pHM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"Karen.Marotta@greyco.com\">Karen.Marotta@greyco.com<\/a><\/p>\n<p><img loading=\"lazy\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" width=\"1\" height=\"1\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/release\/track\/d0959776-4366-4c66-9827-8f4ee33e13c8\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, April 13, 2021 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided an $11.9 million HUD-insured loan to refinance a 128-bed assisted living facility in Omaha, Nebraska.<\/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\/2649"}],"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=2649"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/2649\/revisions"}],"predecessor-version":[{"id":2662,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/2649\/revisions\/2662"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=2649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=2649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=2649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}