MidCap Financial Services has provided $37.75 million of financing against the 233-unit Glades at ChampionsGate seniors-housing complex near Orlando, Fla. The four-year loan was arranged by JLL Capital Markets. The property, formerly the Merrill Gardens at ChampionsGate, is owned by Fortress Investment Group, which had purchased it earlier this year for $45 million. It had been […]
The post MidCap Financial Lends $37.75Mln for Seniors-Housing Property Near Orlando, Fla. appeared first on Commercial Real Estate Direct.
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