Recent changes made to Freddie Mac’s Revolving Credit Facility guidelines could open a new financing avenue to seniors housing owners. In that vein, Greystone, a New York-based provider of multifamily and healthcare mortgage loans, has completed the first ever Freddie Mac revolving credit facility for the industry, a $150 million offering it closed earlier this month. Freddie Mac revolving credit facilities have been employed for multifamily properties since 2009. Last year, the first ...
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