Regions Bank Arranges $36M Construction Loan for Senior Housing in MO: Report

Regions Bank arranged a $35.9 million new construction and mini-permanent financing package for a 150-unit senior housing development in Chesterfield, Missouri, Senior Housing News reports. The property will include 96 independent living, 37 assisted living and 17 memory care units. The project is a joint venture between Shelbourne Healthcare and Cedarhurst Senior Living. Read more.

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