**Greystone Provides $51.5M Bridge Loan for Oklahoma Senior Living Portfolio**
Greystone has announced the closing of a $51.5 million bridge loan to refinance a portfolio of skilled nursing facilities located in Oklahoma. The financing was arranged by Fred Levine, Managing Director at Greystone.
The portfolio includes six facilities encompassing a total of 633 skilled nursing beds and 71 assisted living beds. These facilities provide both long-term care and rehabilitation services. The bridge loan features a two-year term with an option to extend, and the borrower plans to secure permanent financing through the U.S. Department of Housing and Urban Development (HUD).
“Greystone’s bridge lending platform continues to demonstrate its strength in delivering creative financing solutions for complex transactions like this six-facility portfolio,” said Levine. “With over two decades of experience executing successful bridge-to-HUD financings, our team understands how to structure deals that allow borrowers to reinvest in their properties and transition smoothly to permanent HUD financing.”
This transaction underscores Greystone’s continued leadership in healthcare real estate financing and its commitment to facilitating critical care infrastructure.
