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January 9, 2025

Greystone finds over $33M for senior housing

Young

Greystone announced this week that it secured a $33.7 million refinancing package for a quartet of senior housing communities in Oregon. Those beneficiaries weren't specified. The firm's David Young led the effort, and said in a statement, “With recent Medicaid rate increases and capital expenditures completed on the communities, we were seeking to maximize proceeds for this debt request. We sourced a fitting lender after an extensive process working with banks, credit unions and unlevered, A/B tranched, and back-levered debt funds.”




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