Mesa West Originates $57 MM Loan to Refinance NY-Area Senior Housing Community
Source: @BreaknNews
Thrive At Montvale NEW YORK - Oct. 21, 2024 - -- Mesa West Capital has provided the AEW Capital Management, Thrive Senior Living ("Thrive") and Pike Construction ("Pike") joint venture with a $57 million loan to refinance Thrive at Montvale, a 203-unit senior housing community in Montvale, NJ.The five-year, floating-rate loan is secured by the 11.5-acre community built in 2022 by Thrive, an Atlanta-based senior…
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