$63M loan helps fund SNF gym

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A New York real estate firm has recently helped to fuel a big expansion for a local skilled-nursing facility.

Harborview Capital Partners announced that it has arranged a $63 million bridge to a United States Department of Housing and Urban Development refinance loan. With it, the Brooklyn-based SNF, which also has two adult day care centers, plans to improve its property with a “state of the art” rehabilitation gym.

The SNF, which was not named specifically in the announcement, also offers dialysis and other health services.