Dwight Capital financed $171.7 MM in seniors and healthcare financings during Q3 2021. Featured among these transactions are bridge loans for Lackawanna Health and Rehabilitation Center and a Skilled Nursing Facility (“SNF”) portfolio in Wisconsin.
Dwight closed a $23.25 MM bridge acquisition loan for Lackawanna Health and Rehabilitation Center, a 272-bed SNF located in Peckville, PA. Its services include short- and long-term care, occupational therapy, physical therapy, and recreational activities. Lackawanna’s amenities feature a beauty salon/barber shop and library for its residents. Managing Principal, Adam Sasouness, originated this transaction.
Managing Director, Adam Offman, originated a $22.2 MM bridge refinance loan for a portfolio of three SNFs located across Wisconsin: Edenbrook of Oshkosh, Edenbrook of Wisconsin Rapids, Edenbrook of Edina. Together, the facilities are comprised of 285 beds across a total of 10 acres. Each facility features beauty salons, customizable menus, outdoor courtyards and patios, and physician services.
Dwight also provided financing for these senior living communities in Q2 2021:
$17.1 MM bridge acquisition loan for Kenilworth & Pigeon Forge Rehabilitation, two SNFs with a total of 224 beds located in Sebring, FL and Pigeon Forge, TN.
$16 MM HUD 232/223(f) refinance for Autumn Lake Healthcare at Beloit, a 174-bed ALF/SNF located in Beloit, WI.
$10.4 MM bridge acquisition loan for Lansdowne Village, a 145-bed SNF located in St. Louis, MO.
$8.9 MM bridge acquisition loan for Canal Pointe Nursing and Rehabilitation, a 119-unit SNF located in Akron, OH.
$7.4 MM bridge acquisition loan for Tudor Heights & Weinberg Park, a 68-bed AL and Memory Care Facility and a 36-bed ALF located in Baltimore, MD.
$5 MM HUD 232/223(a)(7) loan for Wisteria Gardens, a 60-bed ALF/SNF located in Pearl, MS.
$4.75 MM bridge refinance for Windsor Health and Rehabilitation Center, a 108-bed SNF located in Windsor, CT.