The asset involved in this transaction is a senior housing portfolio, specifically comprised of six assisted living facilities with a total of 372 beds located in Minneapolis and Minnesota. The total loan amount secured for this acquisition is $41,000,000, which is structured as an interest-only non-recourse bridge loan with a term of 24 months, including two six-month extension options.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $41,000,000
• Asset Type: Senior Housing
• Beds: 372
• Lender: Christopher Clare, David Young, Ryan Harkins, Ben Rubin, Parker Nielsen & Liam Gallagher - Greystone
• Landlord: Oxford Capital Group
• Loan Type: Acquisition
• Loan Terms: interest-only non-recourse bridge loan
• Term: 24 months with two six-month extension options

This transaction was facilitated by Oxford Capital Group, which secured the bridge loan from Greystone to acquire the portfolio of assisted living facilities. The financing approach is designed to lead toward HUD-insured permanent debt, highlighting strategic financial planning for long-term sustainability in the senior housing market.