Transactions

Adira at Riverside

The $24,918,800 HUD-insured financing reduces the repeat borrower’s interest rate and extends the term and amortization of the loan overall. Built in 2000, Adira at Riverside offers a certified respiratory and ventilator unit, short-term rehabilitation, occupational, physical & speech therapy, amputee rehab, wound care, neuro-rehabilitation, certified cardiopulmonary rehabilitation, long-term skilled nursing care, dedicated Alzheimer’s and dementia care units, as well as stroke & TBI rehabilitation. Amenities at the facility include a modern fitness facility, concierge, and a range of recreational activities for residents.

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