Capital One announces multiple deals
Capital One has provided a $16.8 million fixed-rate HUD 232/223 (f) loan to refinance a 272-bed skilled nursing facility in Joliet, IL.
The property is one of the largest SNFs in the state and has been operated and owned by the principals since 1998. It is one of five SNFs run by the owners.
Capital One also announced it provided a $12.1 million loan, also through HUD, for a 230-bed facility in Westland, MI.