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Walker & Dunlop Capital Markets recently arranged two HUD loans totaling $27.2 million for assisted living facilities in Poulsbo, Washington and Salem, Oregon.
Led by Kevin Giusti, Daniel Baron, Tony Cassie, and Sam Thompson, the team arranged the refinance utilizing HUD Section 232/223(f) loans.
“It was a pleasure working with these clients to accomplish their goals, which ranged from removing personal recourse, lowering debt service to funding renovations,” said Giusti, senior managing director at Walker & Dunlop. “HUD continues to provide certainty of execution in the higher acuity senior housing sector and it’s nice to see the turnaround of that execution speed up!”