Brent Holman-Gomez Of Cambridge Realty Capital Provides $6.145M Refinance For Avalon Memory Care In Keller

Avalon Memory Care Keller is a 50-bed memory care facility located at 1137 Rufe Snow Drive in Keller, Texas. The property is part of the senior housing asset type and has recently undergone a refinancing transaction. The refinancing amount arranged for this facility totals $6,145,000, structured through a 35-year fully amortized loan.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $6,145,000
• Loan Type: Refinance
• Loan Terms: 35-year
• Lender: Brent Holman-Gomez - Cambridge Realty Capital
• Market: Keller
• Units: 50

Brent Holman-Gomez, representing Cambridge Realty Capital, facilitated a HUD-insured refinancing for the facility, employing the Section 232/223(f) program. This refinancing replaced existing bank debt with long-term non-recourse financing and was structured through HUD’s Express Lane program for the Texas-based owner.