Cambridge Realty Capital Arranges $5.95M Loan For Twilight Haven Senior Living

The $5.95 million loan was arranged by Cambridge Realty Capital for the acquisition of Twilight Haven Senior Living in Fresno. This senior housing property consists of 60 independent living units, 116 assisted living beds, and 50 skilled nursing care beds. The property presents a turnaround opportunity for a for-profit buyer from a nonprofit seller amidst bankruptcy, allowing for business expansion with limited upfront cash.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $5,950,000
• Address: 1717 South Winery Avenue
• Market: Fresno
• Units: 60

Brent Holman-Gomez from Cambridge Realty Capital played a key role as the broker in orchestrating the $5.95 million acquisition loan for Twilight Haven Senior Living. The loan, a fully-amortized 25-year loan, paves the way for the property's transition from a nonprofit operation to a for-profit venture, opening new possibilities for the buyer in the senior housing market.