{"id":4031,"date":"2021-09-29T15:39:37","date_gmt":"2021-09-29T20:39:37","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-closes-35-9-million-in-construction-financing-for-seniors-housing-in-missouri\/4031\/"},"modified":"2021-09-30T10:39:38","modified_gmt":"2021-09-30T15:39:38","slug":"greystone-closes-35-9-million-in-construction-financing-for-seniors-housing-in-missouri","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-closes-35-9-million-in-construction-financing-for-seniors-housing-in-missouri\/4031\/","title":{"rendered":"Greystone Closes $35.9 Million in Construction Financing for Seniors Housing in Missouri"},"content":{"rendered":"
The transaction was handled by Greystone\u2019s Seniors Housing Capital Markets Team, including Matt Miller and Tyler Armstrong, on behalf of a joint venture between Shelbourne Healthcare and Cedarhurst. <\/p>\n

The construction financing, closed with a large regional bank, includes a 5-year term. The planned property will include 37 Assisted Living units, 17 Memory Care units, and 96 Independent Living units.<\/p>\n

\u201cWhatever our clients\u2019 capital needs may be, we strive to find a solution to help them meet their goals,\u201d said Cary Tremper, head of Greystone\u2019s Seniors Housing Capital Markets Team. \u201cFrom construction to long-term, permanent financing, we are able to find provide or place the best fitting capital solution. We are thrilled to have worked on this new project with Shelbourne and Cedarhurst.\u201d<\/p>\n

About Greystone<\/strong>
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<\/a>.<\/p>\n

PRESS CONTACT:<\/strong>
Karen Marotta
Greystone
212-896-9149
Karen.Marotta@greyco.com<\/a><\/p>\n

\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

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NEW YORK, Sept. 07, 2021 (GLOBE NEWSWIRE) — Greystone, a leading national commercial real estate finance company, placed $35.9 million in construction financing for a 150-unit independent living, assisted living, and memory care community in Chesterfield, Missouri.<\/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\/4031"}],"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=4031"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/4031\/revisions"}],"predecessor-version":[{"id":4042,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/4031\/revisions\/4042"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=4031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=4031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=4031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}