Walker & Dunlop Secure $16M HUD Loan For Caring Alternatives Senior Housing Acquisition

W182 S8320 Pioneer Drive Muskego, Wisconsin 53150, Usa

$16,000,000

Building Size

—

Asset Type

Senior Housing

Closing

Aug 17, 2023

AI

The U.S. Department of Housing & Urban Development has provided a loan of $16,000,000 for the acquisition of two senior housing properties in Muskego, WI. The properties are owned by Caring Alternatives and are located at W182 S8320 Pioneer Drive. This loan transaction took place on August 17, 2023.

Summary of transaction details

Property Type: Senior Housing
Transaction Amount: $16,000,000
Lender: U.S. Department of Housing & Urban Development
Brokers: Daniel Barone & Kevin Giusti - Walker & Dunlop

Walker & Dunlop, represented by Daniel Barone and Kevin Giusti, successfully secured the $16 million HUD acquisition loan for these two Caring Alternatives assisted living properties in the greater Milwaukee area.