Greystone has provided $23.8 million in HUD-insured loans to refinance a trio of assisted living facilities in New Hampshire. The Interest Rate Reduction (IRR) transaction was originated by Lisa Fischman, vice president in Greystone’s New York office, on behalf of family-owned The Courville Company.
The refinanced properties include Courville at Manchester; Courville at Carlyle Place; and Courville Nashua & Aynsley. The IRR reduces the interest rate on an existing HUD-insured loan, maintaining the existing maturity and loan amount.