Hudson Originates $37.75M Bridge Loans for Columbia Pacific Advisors

Hudson Realty Capital completed its first health care deal on the heels of hiring senior living industry veteran Ashley Wilkens as director, deputy chief underwriter, Senior Housing News reports.

The transaction involved two bridge loans aggregating $37.75 million secured by two senior living and memory care communities. One is The Landing at Lake Worth in Lake Worth, Florida; and the other is Stonehaven Square in Tulsa, Oklahoma. Read more.

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Envision Healthcare Closes Final Refinancing Phase

Participating lenders were able to provide their pro rata share of the $300 million new money "first out" tranche under the facility, convert certain of their term loans into the "second out" tranche at 17% discount to par, and convert the remainder of their term loans into the "third out" tranche at par.