Southview Senior Living in West St. Paul, MN, which has independent living, assisted living and memory care units, has received an $8.9 million deal through an FHA 232/223 (f) loan.
The announcement, from Oak Grove Capital, was part of 15 loans through the firm that totaled $206.8 million, with three loans in seniors housing for $48.9 million. Part of the announcement was a $21.6 million Freddie Mac Standard GSE loan for Fairwinds-Rio Rancho, a 220-unit complex in Rio Rancho, NM.
