Greystone Provides $25.2M Refinancing for Seniors Housing Community Near Sacramento

CARMICHAEL, CALIF. — Greystone, a real estate advisory firm, has provided $25.2 million loan Oakmont Senior Living to refinance Oakmont Carmichael, a 71-unit assisted living and memory care community in the Sacramento submarket of Carmichael. The loan carries a 10-year, fixed-rate term with a 30-year amortization. The property is newly constructed and includes a two-story building located on 2.4 acres. Greystone’s Scott Kavel and Cary Tremper originated the loan.