Skilled Nursing News March 7, 2025
Greystone provided $29.9 million in bridge financing for the acquisition of a six-facility portfolio in Rhode Island. Meanwhile, a 300-bed New York nursing home received $25 million in financing from MONTICELLOAM.
Greystone Provides $29.9M in Bridge Financing for Six Facilities
Greystone provided $29.9 million in bridge financing for the acquisition of a six-facility skilled nursing portfolio in Rhode Island.
Bridge financing was originated by Greystone Managing Directors Ryan Harkins and Christopher Clare. Seller and buyer were not listed.
“Greystone’s bridge lending platform is particularly well-suited for the skilled nursing sector, as we have a variety of industry-leading permanent financing options, including our top-ranked [Department of Housing and Urban Development (HUD) and Federal Housing Administration (FHA)] platform, that can help meet...