Harborview Capital Partners Arranges $50M Loan For Skilled Nursing And Assisted Living Facilities In WA And OR

Sapphire Health Services recently acquired and refinanced six skilled nursing and assisted living facilities located in Washington and Oregon. The properties, totaling 316 beds, are situated at 1308 N. Vercler Road and 812 SW 48th Avenue in Spokane, WA, 819 Northeast 122nd Avenue and 405 NE 5th Street in Portland, OR, and 1241 NE 6th Street and 950 Nandina Street in Gresham & Sweet Home, OR.

Summary of transaction details

• Property Type: Skilled Nursing & Assisted Living Facilities
• Transaction Amount: $50,000,000
• Lender: BOK Financial
• Landlord: Sapphire Health Services
• Broker: Eli Osdoba - Harborview Capital Partners
• Loan Type: Master Credit Facility

Eli Osdoba from Harborview Capital Partners facilitated the $50,000,000 loan for this acquisition and refinancing deal. Harborview Capital Partners is a leading commercial real estate debt, equity, and advisory firm. For those in need of competitive debt or equity options in the healthcare or multifamily sectors, please contact Eli Osdoba at [email protected].