Capital One served as the agent for a $52 million loan for Evergreen Woods to refinance, the firm said.
Evergreen Woods is a continuing care retirement community in North Branford, CT, that has 50 skilled nursing beds. It is jointly owned by The Shelter Group, a privately held real estate development and property management company, and affiliates of Herbert J. Sims & Co., an investment bank. First Niagara participated in the loan.
This article originally appeared on McKnight's
