Healthcare and Assisted Living Property Recapitalization - $5,895,440

Healthcare and Assisted Living Property Recapitalization
Portland, OR
$5,895,440

Newport Capital provided a $5.9 million bridge loan to recapitalize a healthcare property containing 61 assisted living units plus a stand-alone dialysis treatment clinic. Because traditional lenders weren’t willing to lend on the property given the dialysis component, the borrower came to Newport knowing our flexibility and the team’s ability to underwrite niche asset types. Proceeds from Newport’s loan were used to pay off an existing loan and fund outstanding tax liabilities.

Newport Capital provides efficient capital to owners and developers of residential and commercial real estate assets. Contact us to discuss your financing needs and learn how we help our clients.

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At Newport Capital, we pride ourselves in providing common sense capital across various real estate asset classes. Reach out to us to learn more.
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