{"id":6918,"date":"2022-09-11T11:34:28","date_gmt":"2022-09-11T16:34:28","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-a-total-of-47-million-in-hud-insured-financing-for-five-skilled-nursing-facility-financings\/6918\/"},"modified":"2022-09-12T06:34:28","modified_gmt":"2022-09-12T11:34:28","slug":"greystone-provides-a-total-of-47-million-in-hud-insured-financing-for-five-skilled-nursing-facility-financings","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-a-total-of-47-million-in-hud-insured-financing-for-five-skilled-nursing-facility-financings\/6918\/","title":{"rendered":"Greystone Provides a Total of $47 Million in HUD-Insured Financing for\u00a0Five Skilled Nursing Facility Financings"},"content":{"rendered":"
The separate financings, provided to five different borrowers, was originated by Fred Levine, Managing Director at Greystone. <\/p>\n

Greystone provided an $8,264,000 loan for a 35-bed facility in San Diego, California; a $10,584,000 loan for a 103-bed facility in Dayville, Connecticut; an $8,144,000 loan for a 100-bed facility in Norwalk, Ohio; a $5.75 million loan for a 64-bed facility in Fremont, Ohio; and a $15,120,000 loan for a 111-bed facility in Durham, North Carolina. The properties will all benefit from a long non-recourse loan term of either 30 or 35 year and a low rate.<\/p>\n

\u201cToday\u2019s rising interest rate environment reinforces the extraordinary value associated with HUD\u2019s fixed-rate, long-term financing programs,\u201d said Mr. Levine. \u201cWe are driven to do our share in helping nursing care providers with permanent financing that frees them to focus on the spectacular care they provide to seniors across the country.\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

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

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NEW YORK, Aug. 08, 2022 (GLOBE NEWSWIRE) — Greystone, a leading national commercial real estate finance company, has provided a total of $47 million in HUD-insured loans for five skilled nursing facilities located in California, Connecticut, North Carolina, and Ohio.<\/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\/6918"}],"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=6918"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/6918\/revisions"}],"predecessor-version":[{"id":6930,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/6918\/revisions\/6930"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=6918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=6918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=6918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}