Fannie Mae Provides $37M Loan For Harmony At Southridge Senior Housing In Charleston, WV

801 Peyton Way is a senior housing community located in Charleston, WV. The property is operated by Harmony Senior Services and offers various senior living options and amenities. The borrower recently converted 12 independent units to assisted living. The community was built in 2020 and has received a loan to support its operations.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $37,000,000
• Lender: Fannie Mae
• Landlord: Smith-Packett & Wessex Capital
• Brokers: Ryan Stoll & Taylor Mokris - Bellwether Enterprise (BWE)
• Loan Terms: 10-year loan with five years interest-only

The transaction involved key representatives including Ryan Stoll and Taylor Mokris from Bellwether Enterprise, who facilitated the loan agreement. Their representation ensured the structured financing aligned with the operational needs of Harmony at Southridge, enhancing the property’s service offerings in the senior housing market.