Latest news with #ChristopherClare
Yahoo
11-08-2025
- Business
- Yahoo
Greystone Provides $64.9 Million in Bridge Financing for Healthcare Portfolio in Pennsylvania
NEW YORK, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $64,960,000 bridge loan for a healthcare portfolio in Pennsylvania comprising three properties with a total of 506 beds. The financing was originated by Christopher Clare, Managing Director, along with David Young, Ryan Harkins, Ben Rubin, Parker Nielsen, and Liam Gallagher. The non-recourse interest-only bridge loan carries a 24-month term with two six-month extension options and features a floating rate. The transaction allows the borrower to advance operations while working with Greystone to secure HUD-insured permanent financing. The portfolio includes a combined total of 408 licensed skilled nursing facility beds, 76 licensed assisted living beds, 12 licensed memory care beds, and 10 independent living beds located throughout the state of Pennsylvania. 'This financing reflects Greystone's continued commitment to providing tailored bridge solutions in the healthcare sector,' said Mr. Clare. 'Our platform supports clients from acquisition and recapitalization through to permanent financing, helping them optimize operational and financial outcomes.' About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit PRESS CONTACT:Fran Del ValleInfluence Consulting Group for Greystonefran@ in to access your portfolio
Yahoo
09-06-2025
- Business
- Yahoo
Greystone Provides $26 Million in Bridge Financing for Skilled Nursing Facility in California
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $26,000,000 Bridge loan for the acquisition of a skilled nursing facility in California. The financing was originated by Christopher Clare and Ben Rubin of Greystone. The Greystone Bridge loan includes a 15-month term with a 12-month extension option at a floating rate and is full-term interest-only. Greystone intends to lead the borrower through a permanent financing solution with a HUD-insured loan. 'We are thrilled to have helped the sponsor acquire this beautiful new asset and look forward to ushering them through the FHA loan process, which provides longer terms and lower rates than other permanent debt options in today's market,' said Mr. Rubin. 'As the #1 HUD healthcare lender*, Greystone's lending expertise and market knowledge are essential resources for sponsors looking to grow and optimize their portfolios.' About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit *For HUD's 2024 fiscal year ending September 30, 2024. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing company LLC and excludes risk sharing and hospital loans. PRESS CONTACT:Karen in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
