Eli Osdoba And Matan Meloul Of Harborview Capital Partners Secures $8.5M Refinance For Grand Oaks Assisted Living

The asset involved in this transaction is Grand Oaks Assisted Living, located at 3550 Southwest Corporate Parkway in Palm City, Florida. The transaction was a refinance involving a total loan amount of $8,500,000 under the HUD 232/223(f) program, featuring a 35-year term and an amortization schedule. The financing structure is non-recourse, offering enhanced stability for the ownership group.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $8,500,000
• Loan Type: Refinance
• Loan Terms: HUD 232/223(f) Refinance, 35-year term, Non-Recourse
• Market: Palm City

The transaction was originated by Eli Osdoba and Matan Meloul, representing Harborview Capital Partners, a full-service debt, equity, and investment sales firm that facilitated the closing of this refinance. The originators provided structured financing at an aggressive interest rate, ensuring long-term stability for the project.