SNF to receive $15.5M loan

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Crown Point Health Suites in Lubbock, TX, will receive a $15.5 million loan, Walker & Dunlop announced.

The skilled nursing facility was built in 2011, with additions in 2013. The property has had average occupancy of 89% over the past year, the company said.

Walker & Dunlop's Kevin Giusti and Michael Vaughn led the origination team.