The seniors housing and healthcare finance team of Grandbridge Real Estate Capital recently facilitated the $136.1 million sale of and closed the $100 million first mortgage loan secured by four independent-living seniors housing properties.
Included in the portfolio is the Town Village Sterling, a 222-unit facility in Sterling heights, Mich., and Town Village Audubon Park, a 175-unit facility in Memphis.
Integral Senior Living will manage all four of the properties in the portfolio. Grandbridge senior vice president Richard Thomas originated the transaction.
