Firm arranges loan for SNF portfolio

Harborview Capital Partners has arranged a $47.6 million acquisition loan for The Rosdev Group. It includes funds for a seven-facility skilled nursing portfolio and memory care facility, all in Texas, and two SNFs in Kansas and Missouri.

Harborview is based in Lawrence, NY, and is a full-service commercial real estate finance firm.

The senior living portfolio has close to 1,500 beds. Within the loan, $6 million was allotted for capital expenditures.

“Harborview handled our transactions with professionalism and precision, creatively parceling out various components of the deals to appropriate lenders to ensure maximum proceeds with aggressive terms. They exceeded our expectations and provided value well beyond what a typical commercial real estate finance firm brings to a complex deal process. We look forward to working with them on future transactions,” said Arie Friedman, Managing Principal of Comprehensive Care Capital, an affiliate company of The Rosdev Group.


close

Next Article in Products