FINANCED
Sonida Senior Living Secures $80M Loan For Senior Housing Portfolio In The United States
Greystone brokers $80,000,000 loan for senior housing portfolio
Senior Housing
Summary
Loan
NATIONAL
Senior Housing
The Senior Housing Portfolio, consisting of 941 units, located in the United States, was recently involved in a property transaction. The deal was facilitated by Cary Tremper from Greystone acting as the broker for the landlord, Kim Lody of Sonida Senior Living.
Summary of transaction details
- Property Type: Senior Housing
- Transaction Amount: $80,000,000
- Loan Terms: The loan has a four-year maturity with an optional one-year extension. It includes up to $50 million of additional capital, with an uncommitted $40 million accordion, to fund Sonida Senior Living's future growth initiatives.
This transaction involved the loan of $80,000,000 for the Senior Housing Portfolio. The loan has a four-year maturity with an optional one-year extension. Additionally, it includes up to $50 million of additional capital, with an uncommitted $40 million accordion, to support Sonida Senior Living's future growth initiatives.
NOTE: Loan terms and additional capital details are the same as mentioned before, and hence not repeated again in this paragraph.Read LessPlayers
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Details
FINANCED
IMAGE: Cary Tremper
DATE: 04/20/2022
ADDRESS: Senior Housing Portfolio
MARKET: United State
ASSET TYPE: Senior Housing ~ UNITS: 941
LANDLORD: Kim Lody - Sonida Senior Living
BROKER: Cary Tremper - Greystone (@Greystone.Realestate)
LOAN AMOUNT: $80,000,000
LOAN TERMS: four-year maturity with an optional one-year extension, and includes up to $50 million of additional capital, including an uncommitted $40 million accordion, to fund Sonida’s future growth initiativesView on map
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AddressGreystone brokers $80,000,000 loan for senior housing portfolio
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