6-Property Skilled Nursing Portfolio

Let's move your project forward

Greystone has provided a $50,100,000 bridge loan for the acquisition of a six-property skilled nursing portfolio in Ohio. The transaction was originated by Fred Levine of Greystone. 

The portfolio, totaling 719 beds, is secured by a floating rate, interest-only loan funded through our uniquely non-recourse bridge loan program.  Greystone intends to move the financing to a permanent exit with a HUD-insured loan as soon as possible

 The portfolio includes:

  • A 150-bed community in Berea, OH;
  • A 130-bed community in Cleveland, OH;
  • A 150-bed community in Cleveland, OH;
  • A 99-bed community in Kent, OH;
  • An 85-bed community in Clyde, OH; and
  • A 90-bed community in Waterville, OH.
©2021 Greystone & Co. II LLC. All Rights Reserved. Loan products are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC, and/or affiliated companies.