Greystone Originates $37M For Skilled Nursing Facilities

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The three-property North Carolina portfolio encompasses a total of 488 beds. : Greystone has provided a $36.5 million financing package for three skilled nursing facilities totaling 488 beds across North Carolina. According to Durham County records, the borrower was Lakewood, N.J.-based CCH Healthcare. Greystone Managing Director Fred Levine originated the loans insured by the U.S. Housing and Urban Development. Carver Living Center, located at 303 E. Carver St. in Durham, is the largest facility in the portfolio, featuring 48 private and 92 semiprivate rooms with 232 beds. The property received a $17.2 million 223(f) HUD loan.

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