Nuveen Green Capital Provides $10.57M Construction Loan For Charter Senior Living In Sheboygan

The asset involved in this transaction is a senior housing property located east of N. 40th St. and south of Heather Valley Rd in Sheboygan, WI. The property encompasses a total square footage of 191,256 and is part of a construction loan transaction totaling $10,575,442.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $10,575,442
• Loan Type: Construction
• Loan Terms: 28 years
• Lender: Chris Ellis, Francisco Crespo & Ariane Uwamba - Nuveen Green Capital
• Landlord: Charter Senior Living

This transaction involved Nuveen Green Capital partnering with North Town Partners, who acted as the sponsor. They secured C-PACE financing, which was integral in addressing energy efficiency measures for the project. This collaboration enabled North Town Partners to effectively manage their capital stack, reducing overall project costs.