BOK Financial Lends $50M For Acquisition/Refinancing Of 6 Skilled Nursing & Assisted Living Facilities In WA & OR

Sapphire Health Services has acquired six skilled nursing and assisted living facilities in Washington and Oregon. The properties are located at 1308 N. Vercler Road, WA; 812 SW 48th Avenue, Portland; 819 Northeast 122nd Avenue, Gresham; 405 NE 5th Street and 1241 NE 6th Street, Sweet Home; and 950 Nandina Street. These facilities have a combined total of 316 beds.

Summary of transation details

• Property Type: Skilled Nursing & Assisted Living Facilities
• Transaction Amount: $50,000,000
• Market: Spokane, WA, Portland, Gresham, and Sweet Home, OR

BOK Financial provided a $50,000,000 loan as a master credit facility for the acquisition and refinancing of these properties. Eli Osdoba of Harborview Capital Partners, a leading commercial real estate debt, equity, and advisory firm, served as the broker rep in this transaction. If you are in need of competitive debt or equity options in the healthcare or multifamily market, you can contact Eli Osdoba at [email protected].