G Capital Markets Arranges $9.6M FHA Loan Refinance For Trellis Chino Nursing Home

An article in Bloomberg has reported that G Capital Markets, led by Grant Goodman, has arranged a $9.6 million HUD refinancing for Trellis Chino, a skilled nursing facility located at 5454 Walnut Avenue in Chino. The loan, facilitated by Encore Capital Ventures, owned by Ashish Masih, helped pay off construction debt and establish replacement reserves for the facility. Trellis Chino has maintained strong occupancy, making this refinancing deal a significant move for the nursing home.

Summary of transaction details

• Property Type: Nursing Home
• Transaction Amount: $9,600,000
• Landlord: Encore Capital Ventures - Ashish Masih
• Broker: Grant Goodman - G Capital Markets
• Loan Type: Refinance

This successful $9.6 million HUD refinancing deal for the skilled nursing facility, Trellis Chino, was made possible by G Capital Markets, led by Grant Goodman, who arranged the loan. Encore Capital Ventures, owned by Ashish Masih, serves as the landlord for the property. With this loan, Trellis Chino was able to pay off its construction debt and establish replacement reserves. The facility has maintained strong occupancy, ensuring a stable and prosperous future.