KeyBank Real Estate Capital provides $32 million in financing

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KeyBank Real Estate Capital recently provided $32 million in financing through Fannie Mae for five assisted living and memory care communities across five states. Grant Saunders and Carolyn Nazdin from KeyBank's Senior Housing and Healthcare Group worked with borrower Sentio Healthcare Properties Inc. to originate the seven-year, fixed-rate loan, which will amortize on a 30-year schedule. The 317 units are in Florida, Indiana, New Hampshire, Pennsylvania and Tennessee.