RED Mortgage Capital, LLC completes $11.4M refinancing
RED Mortgage Capital announced it finished a $11.4 million HUD-insurance refinancing for a loan related to two acquisitions for Livewell Senior Living in Florida.
Livewell at Courtyard Plaza is a 68-unit assisted living facility located in North Miami. It added limited mental health licensing to the Courtyard Plaza facility so it could accept residents who needed limited mental healthcare.
Livewell at Coral Plaza is located in Margate, FL, which is part of the Miami-Fort Lauderdale-Pompano Beach metropolitan area. It is a 100-unit assisted living facility.