Greystone Provides $45.4 Million in Bridge-to-HUD Financing for a Skilled Nursing Portfolio in Michigan
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) — Greystone, a leading national commercial real estate finance company, has provided a $45,400,000 bridge-to-HUD loan for the acquisition of four skilled nursing facilities totaling 489 licensed beds located throughout Michigan. The financing was originated by Christopher Clare, along with David Young, Ryan Harkins, Ben Rubin, Parker Nielsen, and Liam Gallagher.
The interest-only bridge financing carries a 24-month term with two 6-month extension options and features a floating interest rate. The borrower also secured an interest rate cap to mitigate future rate fluctuations.
“This transaction underscores Greystone’s experience in structuring complex healthcare acquisitions with tailored financing that positions our clients for long-term success,” said Mr. Clare.
About Greystone
Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit www.greystone.com.
PRESS CONTACT:
Fran Del Valle
Influence Consulting Group for Greystone
fran@influencecentral.com