Peace Capital has closed on a $201.3 million loan for a portfolio of New Jersey-based skilled nursing facilities with bridge lender Greystone Monticello. The financing consisted of a $191.3 million healthcare bridge loan and a $10 million working capital facility. The deal closed in 35 days.
Greystone Monticello provides financing for the senior housing, healthcare and multifamily sectors.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
