Benchmark Senior Living & Sculptor Capital Management Refinance Senior Housing In Smithtown, Long Island For $29M | 71 St Johnland Road | Live Oak Bank | Joel Mendes, Stephen Van Leer, Ted Flagg | Senior Housing | Loan

Summary

Loan

NEW YORK

Senior Housing

88,500 sqft

Benchmark Senior Living and Sculptor Capital Management have secured a refinance loan for their senior housing property located at 71 St Johnland Road in Smithtown, Long Island. The property spans across 88,500 square feet and consists of 101 units.

Summary of transaction details

Property Type: Senior Housing
Transaction Amount: $29,000,000
Address: 71 St Johnland Road, Smithtown, Long Island
Market: Smithtown, Long Island
Lender: Live Oak Bank
Landlord: Benchmark Senior Living & Sculptor Capital Management
Brokers: Joel Mendes, Ted Flagg & Stephen Van Leer - JLL
Loan Type: Refinance

The loan was provided by Live Oak Bank as part of the refinancing agreement. The brokers representing Benchmark Senior Living and Sculptor Capital Management in this deal were Joel Mendes, Ted Flagg, and Stephen Van Leer from JLL.

Players

All
5

Agents
3
Agencies
1
Lenders
1

$17M Sold

Senior Managing Director

JLL

Live Oak Bank

Details

Deal Summary

FINANCED

IMAGE: Joel Mendes, Ted Flagg & Stephen Van Leer DATE: 09/28/2023 ADDRESS: 71 St Johnland Road MARKET: Smithtown, Long Island ASSET TYPE: Senior Housing ~ SF: 88,500 ~ UNITS: 101 LENDER: Live Oak Bank (@LiveOakBank) LANDLORD: Benchmark Senior Living (@BenchmarkLivingHQ) & Sculptor Capital Management BROKERS: Joel Mendes, Ted Flagg & Stephen Van Leer - JLL (@JLL) LOAN AMOUNT: $29,000,000 LOAN TYPE: Refinance

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Address71 St Johnland Road

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