Le Lézard
Classified in: Business
Subjects: FNC, SCZ, CXP

Commercial Real Estate Finance (CRE-Finance) has been retained to arrange $60 Million in Financing for Two Assisted Living/Memory Care facilities in New York and Ohio


NEW YORK, July 11, 2019 /PRNewswire/ -- Commercial Real Estate Finance (CRE-Finance) has expanded their business and created a Senior Living Facilities Division which will cater to Senior Housing Developments. CRE-Finance recognizes the increasing need for housing for seniors as the population continues to age. Within the new division, CRE-Finance has been retained to arrange $60 Million in New Construction Financing for two new Assisted Living/Memory Care facilities in New York and Ohio.

Commercial Real Estate Finance just announced that they have been retained by WRC Development Partners, LLC to procure a $26 million new construction loan for the development of an Assisted Living/Memory Care facility in Columbus, OH. The Town Club Powell will be a 115-unit/130 bed Assisted Living Facility. CRE-Finance has also been retained by WRC Development Partners, LLC to procure $34 million in New Construction Financing for a 132-unit Senior Living Facility with 172 beds located in New Windsor, New York.

"We are very much looking forward to working with WRC Development Partners, LLC, an experienced Developer in the Senior Living space. They are able to recognize the diverse needs of this segment of the market that caters to those persons who are 65 years of age or older," stated Todd Tretsky, Managing Partner at CRE-Finance.

CRE-Finance, LLC is the industry's premier boutique Real Estate firm. We specialize in long term and short-term debt in the form of bridge, new construction and permanent financing. CRE-Finance is experienced in equity placement and provides services for Real Estate Owners, Developers, Individuals and Entrepreneurs. CRE-Finance has over 50 years of expertise and offers numerous financing options to our clients through our strong relationships with the top lending institutions. We offer top notch customer service with innovative, competitive and reliable financing for outside the "bankable box."

For more information on CRE-Finance, please visit: cre-finance.com, follow us on Twitter, Facebook, YouTube or Linkedin.

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com

 

SOURCE CRE-Finance


These press releases may also interest you

at 20:34
ASTS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that AST SpaceMobile, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against AST SpaceMobile, Inc. ("SpaceMobile" or "the Company") and certain of its officers....

at 20:26
Growth Opps and IBEW Announce Landmark Partnership to Advance Solar for All Program
Growth Opportunity Partners (Growth Opps), a leading community financial institution and Green Bank, and the International Brotherhood of Electrical Workers (IBEW) today announced a groundbreaking agreement to collaborate on the implementation of the...

at 20:14
VINCI PARTNERS TO ANNOUNCE FIRST QUARTER 2024 RESULTS AND HOST WEBCAST AFTER MARKET CLOSE ON THURSDAY, MAY 09, 2024
Vinci Partners Investments Ltd. ("Vinci Partners," "we," "us," or "our"), the controlling company of a leading alternative investment platform in Brazil, announced today that it will release financial results for the first quarter 2024 after market...

at 20:00
OKX Ventures Teams Up with OnePiece Labs, Merlin Chain and Franklin Templeton in Backing the Runes Incubator
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced its participation in the 'Runes Incubator.' This program, initiated by OnePiece Labs and supported by Merlin Chain and Franklin Templeton,...

at 20:00
SK hynix Partners with TSMC to Strengthen HBM Technological Leadership
SK hynix Inc. (or "the company", www.skhynix.com) announced today that it has recently signed a memorandum of understanding with TSMC for collaboration to...

at 19:57
ROSEN, LEADING TRIAL ATTORNEYS, Encourages HireRight Holdings Corporation Investors to Secure Counsel in Securities Class Action - HRT
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of HireRight Holdings Corporation pursuant and/or traceable to the registration statement and prospectus (collectively, the "Offering Documents") issued in...

More news about Business...


News published on and distributed by: