Red Capital Partners
Red Capital Partners announced a $36.5 million acquisition loan for Investment360 to buy James Square Health and Rehabilitation Centre in Syracuse, NY.
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.
RED Mortgage Capital has announced the origination of an FHA 223(f) loan for National Church Residences for Walnut Creek Village in Baltimore, OH.
Michael Franzoni has started as a director, sales and trading, RED Capital Markets, LLC, the broker/dealer arm of comprehensive capital provider RED CAPITAL GROUP, LLC.
Cushman & Wakefield's Senior Housing Capital Markets Group has arranged for a $35.5 million capitalization of Wellmore at Tega Cay in South Carolina, the company announced.
Ginger Petroff was named the vice president of originations at Beech Street Capital in October.
Red Capital Partners LLC recently provided a three-year, $10 million bridge loan to StoneGate Senior Living LLC for Providence Park at Tyler. The 125-bed skilled nursing facility is located in Tyler, TX. The loan refinanced existing debt and will allow the borrower to pursue long-term financing options, most likely through the Federal Housing Authority's Section 232/223(f) program.