G Capital Markets Arranges $15.5M Loan For Bethany Home Senior Housing

The 59-bed assisted living community located at 3322 East Avenue in Livermore was the subject of a recent financial transaction. G Capital Markets facilitated a $15.5 million credit facility with a regional bank partner for Bethany Home, aiming to optimize refinancing opportunities for the borrower. The loan, structured for a HUD application in 2024, carries an interest rate SOFR spread in the low 300s and a below-market financing fee.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $15,500,000
• Address: 3322 East Avenue, Livermore
• Market: Livermore

G Capital Markets played a crucial role in arranging the credit facility for Bethany Home. This deal, focused on recapitalization, signifies a strategic move by the parties involved to enhance the financial structure of the assisted living community. The partnership between G Capital Markets and the regional bank underlines a commitment to providing financial solutions tailored to the senior housing sector.