Walker & Dunlop recently arranged the refinancing for Reena Senior Living, an 80-unit/80-bed assisted living and memory care facility in Fort Atkinson, Wisconsin.
Walker & Dunlop’s Kevin Giusti, Matthew Lund and team provided the refinancing on behalf of the client, Tukka Properties, and the lender, the U.S. Department of Housing and Urban Development, for $14.687 million.
The property consists of a three-story assisted living building built in 2016 and a one-story memory care addition built in 2019.
The Reena Senior Living transaction closed on Oct. 18.