Greystone has provided $30,260,600 in FHA/HUD-insured financing for the refinance of a four-property healthcare portfolio in Rhode Island. The financing was originated by Christopher Clare and Ryan Harkins, with additional team members including David Young, Ben Rubin, Parker Nielsen, and Liam Gallagher.
The portfolio is comprised of four skilled nursing facilities totaling 385 beds across Rhode Island. Greystone previously provided bridge financing for the portfolio, positioning the borrower to transition to long-term FHA/HUD-insured financing. The refinance supports the borrower’s long-term ownership strategy by replacing interim bridge debt with stable, lower-cost financing through HUD, reinforcing the portfolio’s continued operational and financial objectives.
“Greystone’s integrated platform continues to deliver financing solutions that support both immediate refinancing needs and long-term strategic goals,” said Mr. Harkins. “This transaction reflects our commitment to helping healthcare operators optimize performance while securing durable, lower-cost capital through HUD execution.”