Refinance of three Skilled Nursing Facilities in California
Blueprint is pleased to announce the successful HUD financing transaction through its venture partner and affiliate, Housing & Healthcare Finance. The transaction contemplated the refinance of three Skilled Nursing Facilities located in the state of California. The Borrower is a regional owner-operator of Long Term Care properties that has a concerted focus on quality and service.
Blueprint's solutions-based approach presented several distinct paths to the Borrower as it was considering various transaction structures to recapitalize its assets.
Blueprint's guidance led the Borrower to elect utilizing Housing & Healthcare Finance's industry-leading platform.
The Borrower ultimately secured a loan within the FHA/HUD 232/223(f) program which provided long-term, fixed-rate, and non-recourse mortgage debt.