Clayton Realco Secures $11.1 Million Acquisition Loan For 90-Unit Senior Housing In Dayton

The property asset involved is the Cottages of Clayton, a senior housing community located at 8212 North Main Street in Dayton, Ohio. This property features 90 units, encompasses 48,000 square feet, and sits on 7.88 acres of land. The transaction involves an acquisition loan amounting to $11,100,000, which is earmarked for funding upgrades and operational improvements at the site.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $11,100,000
• Date of Loan: 06/09/2026
• Lender: Gary Bechtel - Red Oak Capital Holdings
• Landlord: Clayton Realco, LLC
• Loan Type: Acquisition
• Loan Terms: 18-month, interest-only
• Units: 90
• Square Feet: 48,000
• Acres: 7.88

Gary Bechtel from Red Oak Capital Holdings provided the loan to Clayton Realco, LLC for the acquisition and capital improvements of the property. The financing will assist in stabilizing performance and ensuring HUD compliance for the 1999-built senior housing asset.