Bluegrass Health Partners Secures $9M Bridge Loan For Nursing Home In Lexington, KY
FINANCED
$9,000,000
Kentucky
See Similar DealsMultiFamily
Financed 08/01/2023
FINANCED
Bluegrass Health Partners Secures $9M Bridge Loan For Nursing Home In Lexington, KY
2020 Cambridge Dr Lexington, KY 40504, USA
See Similar DealsMultiFamily
Financed 08/01/2023
Summary
KENTUCKY
Asset Type:MultiFamily
Transaction Type:Loan
The nursing home located at 2020 Cambridge Drive in Lexington, KY was involved in a recent loan transaction. The loan was provided by Bravo Bridge Fund, with Aaron Krawitz serving as the lender's representative. The loan amount for this bridge loan was $9,000,000.
Summary of transaction details:
- Property Type: Nursing Home
- Transaction Amount: $9,000,000
- Lender: Bravo Bridge Fund - Aaron Krawitz
- Landlord: Bluegrass Health Partners
- Market: Lexington, KY
In addition to the financial aspects of the deal, Bluegrass Health Partners acted as the landlord for the nursing home. Please note that no further information regarding the property or individuals involved in the transaction was provided.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,000,000.00
Monthly NOI$60,000.00
Monthly Debt Service$56,886.12
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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