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.

The firm has appointed Greg Schementi, Cushman & Wakefield veteran, into the newly created role.

ColRich's recent $36.25 purchase of 220-unit The Luxe multifamily community makes more than 1,100 units in the Sacramento MSA owned by the firm and one of the largest in Q2 totaling 164,840 square feet.