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OhioFinance

KeyBank secures $14 million loan for seniors housing facility in Ohio

August 12, 2019
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KeyBank Real Estate Capital has secured $14.5 million in Freddie Mac financing for Danbury Senior Living to refinance a 101-unit seniors housing property in Tallmadge, Ohio. Built in 2016, Danbury Tallmadge provides independent living, assisted living and memory care.

This was KeyBank’s second Freddie Mac refinancing for Danbury Senior Living, following a $14 million refinance for a 105-unit seniors housing property in Wooster, Ohio, in 2018.

Lee Delaveris from KeyBank Real Estate Capital arranged the financing for the property.

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