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1308 North Vercler Road, 812 Southwest 48th Avenue, 819 Northeast 122nd Avenue, 405 Northeast 5th Street, 1241 Northeast 6th Street & 950 Nandina Street
FINANCED

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

1308 North Vercler Road, 812 Southwest 48th Avenue, 819 Northeast 122nd Avenue, 405 Northeast 5th Street, 1241 Northeast 6th Street & 950 Nandina Street

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Summary

Loan
WASHINGTON
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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].

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Eli Osdoba
Harborview Capital Partners-image
Senior Originator

Details

Deal Summary
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FINANCED
IMAGE: Eli Osdoba DATE: 08/01/2022 ADDRESS: 1308 N. Vercler Road, WA, 812 SW 48th Avenue, 819 Northeast 122nd Avenue, 405 NE 5th Street, 1241 NE 6th Street & 950 Nandina Street MARKET: Spokane WA, Portland, Gresham & Sweet Home OR ASSET TYPE: Skilled Nursing & Assisted Living Facilities LENDER: BOK Financial LANDLORD: Sapphire Health Services BROKER: Eli Osdoba (@Eli_the_Lender) - Harborview Capital Partners LOAN AMOUNT: $50,000,000 LOAN TYPE: Master Credit Facility NOTE FROM BROKER: Eli Osdoba of Harborview Capital Partners, a leading commercial real estate debt, equity and advisory firm, arranged a $50,000,000 loan for the acquisition/refinances of six skilled nursing and assisted living facilities in Washington and Oregon, totaling 316 beds. If you are in search of the most competitive debt or equity options available in the market (healthcare or multifamily) , please reach out to Eli Osdoba at [email protected]

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Address1308 North Vercler Road, 812 Southwest 48th Avenue, 819 Northeast 122nd Avenue, 405 Northeast 5th Street, 1241 Northeast 6th Street & 950 Nandina Street

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