Beech Street Capital closes $27.8M deal for two SNFs

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Beech Street Capital announced it has closed $27.8 million in loans for a skilled nursing facility in Chicago, and a second one in Momence, IL.

The FHA 232/223(a)(7) loans for Central Nursing & Rehab Center and Momence Nursing & Rehab Center were originated by Joshua Rosen, EVP at Beech Street.

It was the second portfolio that the borrower, Infinity Health Care Management, closed with Beech Street this year, for a total of more than $83 million.