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BOK Financial Provides $9.2M Bridge Loan For Skilled Nursing Facility In Gresham, OR

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FINANCED
$9,200,000

Oregon

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Financed 01/27/2022
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FINANCED

BOK Financial Provides $9.2M Bridge Loan For Skilled Nursing Facility In Gresham, OR

405 Northeast 5th Street, Gresham, Oregon 97030, United States

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Other
Financed 01/27/2022
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Summary

OREGON
Asset Type:Other
Transaction Type:Loan

A skilled nursing facility located at 405 NE 5th St in Gresham, OR was recently involved in an acquisition loan transaction. The loan, provided by BOK Financial, amounted to $9,200,000 and was classified as a bridge loan. The borrower, Sapphire Health Services, secured this loan to facilitate the acquisition of the skilled nursing facility.

Summary of transaction details:

  • Property Type: Skilled Nursing Facility
  • Loan Amount: $9,200,000
  • Loan Type: Acquisition
  • Loan Terms: Bridge Loan

Eli Osdoba from Harborview Capital Partners represented the borrower, Sapphire Health Services, as the broker for this transaction.

Players

Eli Osdoba
12 deals$257.4M volume
BROKER

BOK Financial
LENDER

Details

FINANCED
IMAGE: Eli Osdoba DATE: 01/27/2022 ADDRESS: 405 NE 5th St MARKET: Gresham, OR ASSET TYPE: Skilled Nursing Facility LENDER: BOK Financial LANDLORD: Sapphire Health Services BROKER: Eli Osdoba (@Eli_The_Lender) - Harborview Capital Partners LOAN AMOUNT: $9,200,000 LOAN TYPE: Acquisition LOAN TERMS: Bridge Loan

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$9,200,000.00

Monthly NOI$61,333.33
Monthly Debt Service$58,150.26
Change in Cash Flow$0.00
Refinance Proceeds$0.00