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CHINO, CALIF. — G Capital Markets, a new advisory firm launched this summer by Grant Goodman, has arranged a $9.6 million HUD refinancing for Trellis Chino, a skilled nursing facility in Chino.
Built in 2018, the community comprises all private rooms and exclusively cares for short-term, high-acuity rehabilitation patients.
After leasing up during COVID, the building has performed strongly with near 100 percent occupancy, according to G Capital.
The borrower, Encore Capital Ventures, is a real estate investment and capital solutions firm with a portfolio of healthcare and other real estate holdings across California.
Proceeds of the loan were used to pay off construction loan debt and fund replacement reserves.