Greystone has provided almost $7.1 million in bridge financing for the acquisition of a 90-bed skilled nursing facility in Plainfield, CT.
The loan should be converted to permanent FHA-insured financing, the firm said.
Greystone provided the bridge loan to Curtis Rodowicz and Robert J. Darigan for Colonial Health & Rehab.
“We are thrilled to leverage Greystone’s seamless Bridge and HUD programs together to close the acquisition of Colonial Health & Rehab,” Rodowicz said. “This asset speaks to our commitment to our local community, and as the now owner/operator, we look forward to ensuring that the residents and their families can benefit from the beautiful amenities we offer for a long time to come.”