Colliers Mortgage Arranges $10.4 Million Refinance Loan For Charter Senior Living In Parkville MD

The asset involved in this transaction is a senior housing community known as The Cottages of Perry Hall, located at 9900 Walther Boulevard in Parkville, MD. The property encompasses 64 units and spans 3.2 acres. A loan amount of $10,400,000 was secured for the refinancing of this asset. The transaction dates back to 02/06/2025.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $10,400,000
• Units: 64
• Acres: 3.2
• Landlord: Charter Senior Living
• Loan Type: Refinance
• Loan Term: 35 years
• Brokers: Catherine Eby & Christopher Fenton - Colliers Mortgage

This refinancing deal was arranged by Colliers Mortgage, highlighting the roles of brokers Catherine Eby and Christopher Fenton in securing the HUD-insured loan for the property. The structure of the loan includes a comprehensive amortization schedule aligned with the term of the loan.