Greystone Provides $46 Million Bridge-to-HUD Loan to Refinance Ohio Senior Housing Portfolio

Greystone has closed a $46 million bridge-to-HUD loan to refinance a two-property senior housing portfolio in Ohio, the commercial real estate financing firm announced March 17, 2026. The transaction spans 376 units across skilled nursing, memory care, assisted living, and independent living, and is structured to transition the assets toward permanent HUD-insured debt.

Deal Structure and Portfolio Details

The $46 million loan refinances a portfolio comprising 118 skilled nursing units — representing 186 licensed beds — 16 memory care units, 232 assisted living units with 317 licensed beds, and 10 independent living units. The two communities are located in Ohio; specific addresses were not disclosed.

No sale price, cap rate, or price per square foot was disclosed in connection with the transaction.

Origination Team

Christopher Clare originated the loan, with support from David Young, Ben Rubin, Ryan C. Harkins, Parker Nielsen, and Liam Gallagher.

Sources: GlobeNewswire press release issued by Greystone, March 17, 2026. https://www.globenewswire.com/news-release/2026/03/17/3257694/30865/en/Greystone-Provides-46-Million-Bridge-to-HUD-Loan-for-Seniors-Housing-Portfolio-in-Ohio.html