Sonida Senior Living Secures $80M Loan For Senior Housing Portfolio In The United States

The Senior Housing Portfolio, consisting of 941 units, located in the United States, was recently involved in a property transaction. The deal was facilitated by Cary Tremper from Greystone acting as the broker for the landlord, Kim Lody of Sonida Senior Living.

Summary of transaction details

• Property Type: Senior Housing
• Transaction Amount: $80,000,000
• Loan Terms: The loan has a four-year maturity with an optional one-year extension. It includes up to $50 million of additional capital, with an uncommitted $40 million accordion, to fund Sonida Senior Living's future growth initiatives.

This transaction involved the loan of $80,000,000 for the Senior Housing Portfolio. The loan has a four-year maturity with an optional one-year extension. Additionally, it includes up to $50 million of additional capital, with an uncommitted $40 million accordion, to support Sonida Senior Living's future growth initiatives.

NOTE: Loan terms and additional capital details are the same as mentioned before, and hence not repeated again in this paragraph.