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OhioCRE

Columbus’ Red Mortgage Capital closes $19 million loan for assisted-living, dementia-care facility

Staff Writer April 5, 2017
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Columbus-based Red Mortgage Capital in February closed a $19.5 million refinancing for Oyster Bay Manor/Harbor House, a 208-bed assisted-living and dementia-care facility located in Oyster Bay, N.Y.

the financing includes more than $1.2 million in funding for capital renovations and upgrades to common areas throughout the building.

James Scribner was Red’s lead banker on the transaction.

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