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Greystone Provides $23.8 Million in HUD-Insured Financing for Not-for-Profit Healthcare Campus ...
GreystoneFebruary 9, 2021 GMT
NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $23.8 million HUD-insured loan to refinance a newly-expanded 220-unit seniors housing and healthcare services campus in Elkhart, Indiana. The financing was originated by Lisa M. Fischman, Vice President in Greystone’s New York office on behalf of non-profit Hubbard Hill Retirement Community.
Located on 70 acres in Indiana, Hubbard Hill is a faith-based, non-profit, continuing care retirement community with independent living, assisted living, long-term skilled nursing & short-term rehab, and the groundbreaking Living Wisdom Center for Dementia. Residents of the sprawling wooded property have access to the community’s 2-acre Sr friendly park with waterfalls and stocked ponds, gorgeous courtyards and trails throughout campus, a wellness center, 150 seat chapel, and 2 restaurant style dinning venues and Bistro.