Source: REBusinessOnline

Contemporarycapital: BHI, Contemporary Healthcare Capital Arrange $9.5M Acquisition Loan for Skilled Nursing Facility in Pennsylvania

CANONSBURG, PA. - BHI and Contemporary Healthcare Capital have arranged $9.5 million in acquisition financing for a 118-bed skilled nursing facility. The property is located in Canonsburg, approximately 18 miles southwest of downtown Pittsburgh. The borrower is Townview Realty LLC. BHI provided a $7.9 million senior loan that includes a $600,000 line of credit. The lender [...]

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