Greystone, a commercial real estate lending, investment and advisory company, has provided $115 million in Freddie Mac and Fannie Mae Shariah financing for the acquisition of a six-asset senior housing portfolio.
Located in California, Michigan and Washington, the 509-unit, 589-bed portfolio includes an independent living community, two assisted living communities and three memory care communities.
Cary Tremper of Greystone originated the financing on behalf of Madison Marquette, GFH Capital (a subsidiary of GFH Financial Group), and operating partners SRG Senior Living and JEA Senior Living.