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CLEVELAND-In its efforts to transfer to permanent financing on a five-asset portfolio buy, Orlando-based CNL Healthcare Trust received a $55.2 million, 10-year, fixed-rate loan. The loan, secured by an asset pool of five senior housing facilities, was arranged by locally based KeyBank Real Estate Capital, and completed a bridge-to-agency transaction.

The “agency” in question in this transaction was Fannie Mae, and according to KeyBank vice president Monique Bimler, the loan itself wasn’t difficult to process. Bimler, who handled the transaction tells GlobeSt.com, via email, that borrower CNL is a highly regarded, repeat KeyBank client.

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