Greystone announced it closed on a $450 million commercial real estate collateralized loan obligation (CLO), besting its own benchmark of $300 million set back in 2018, Senior Housing News reports.
Like the CLO in 2018, this one is backed exclusively by bridge loans for health care projects, according to Greystone.
The assets in the CLO consist of skilled nursing, assisted living, memory care, and independent living facility. Read more.
