Bellwether Enterprise Closes $26.7M Refinance Loan For Village Green In Levittown

Bellwether Enterprise Real Estate Capital has closed a $26.7 million loan to refinance the Village Green assisted living and memory care community in Levittown, NY. The loan was originated by Taylor Mokris and Ryan Stoll on behalf of a regional developer and owner of seniors and affordable housing. The loan has a three-year term and a 30-year amortization, with 24 months of interest-only payments and a sub-300 loan spread.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $26,661,800
• Address: 90 Schoolhouse Rd, Levittown, NY
• Market: Levittown

Taylor Mokris and Ryan Stoll from Bellwether Enterprise Real Estate Capital LLC facilitated the loan deal for the Village Green assisted living and memory care community in Levittown, NY.