Walker & Dunlop Facilitates $65.7M HUD Loans For Nursing Homes In Illinois And Wisconsin

Portfolio consisting of seven skilled nursing facilities and memory care centers in Illinois and Wisconsin, received a total HUD loan amounting to $65.7 million. The properties are located in Waukegan, Kankakee, Galesburg, Moline, and St. Elmo, Illinois, as well as in Sun Prairie and Fond Du Lac, Wisconsin.

Summary of transation details:

• Property Type: Nursing Home
• Transaction Amount: $65,731,000
• Units: 376
• Brokers: Brad Annis, Johnny Rice & Joshua Rosen - Walker & Dunlop
• Loan Type: Refinance

Walker & Dunlop, Inc. facilitated the HUD loans for the seven healthcare real estate properties, showcasing the expertise of Joshua Rosen, Brad Annis, and Johnny Rice from the Midwest FHA Finance team in handling complex real estate transactions. Their dedication to delivering value to clients in healthcare real estate is highlighted through this successful loan arrangement.