Madison Marquette, GFH purchase senior housing portfolio
by CIJ USA
2019-08-20 15:27
Madison Marquette and GFH Capital, a subsidiary of GFH Financial Group, secured a $115m loan to purchase a six-asset senior housing portfolio 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. The Freddie Mac and Fannie Mae financing was arranged by Greystone.
