Walker & Dunlop, a leading commercial real estate finance and advisory services firm in the United States, has arranged a $30.9 million refinance for Clark Manor – an Illinois-based nursing home and senior care facility located within the Rogers Park area of Chicago. Joshua Rosen and Brad Annis from Walker & Dunlop led the origination team to leverage their expertise with HUD financing products to refinance existing commercial debt under Section 232/223(f).
Clark Manor is equipped with 267 beds providing access to clinical services for individuals requiring specialized residential care such as short-term post-hospital physical rehabilitation, full-time physical, occupational, and speech therapists as well as a secure dementia/Alzheimer’s floor. With extensive knowledge of U.S Department of Housing and Urban Development (HUD) financing products across seniors housing facilities nationwide; Walker & Dunlop was able to successfully arrange this refinancing opportunity at Clark Manor in Chicago’s Rogers Park area.
