Glendale assisted-living development secures $59M in financing

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 · The community includes 172 skilled nursing beds, 342 independent living apartments, 207 independent living cottages and villas, and 26 assisted living units. The proceeds of the financing, along with other funds, will be used to refund Lakeview Village’s Series 2007 bonds, fund debt service reserve funds, and pay for the costs of issuance.

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Merchants Capital Secures Bridge Financing for Assisted. – Merchants Capital Secures Bridge Financing for assisted living portfolio in Ohio Financial May 9, 2019 CARMEL, IN- Mortgage banking firm Merchants Capital has arranged nearly $50 million in total financing for three assisted living communities in Ohio : The Ashford at Mt. Washington , The Ashford on Broad and The Ashford on Sturbridge.

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