Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Homestead at Hamilton first opened its independent living units in November 2017. Homestead at Hamilton first opened its independent living units in November 2017.

HAMILTON, NJ— Homestead Senior Living LLC, a partnership of Pike Senior Living LLC and Solvere Senior Living, has secured a $57.3-million refinancing deal for its Homestead at Hamilton, a 195-unit independent living and assisted living community here.

Cushman & Wakefield Senior Housing Capital Markets, which acted as exclusive advisor to Homestead Senior Living, LLC, arranged the refinancing transaction with MidCap Financial of Bethesda, MD, which provided the $57.3-million floating rate first mortgage loan that refinanced the original construction loan and mezzanine debt with accrued interest.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

More from this author



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.