Refinancing of facilities announced

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Editor's Note: This story has been updated.

Lancaster Pollard recently announced refinancing for three facilities.

The facilities, which were sold by Juniper Communities to Davakia in 2014, were a 60-unit skilled nursing facility in Colorado, a 58-unit SNF in Colorado. and a SNF and assisted living facility in Oregon. They received a total loan of $9.5 million. 

Lancaster assisted Summit Healthcare REIT for the refinancing through the FHA Sec. 232/223(f) program.

Jason Dopoulos led the transaction for Lancaster Pollard.