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GRAPEVINE and BUDA, TEXAS — Harborview Capital Partners, a New York-based commercial real estate finance, equity and advisory firm, has closed $17 million in loans for seniors housing communities in Texas.
The first loan was a $10.9 million acquisition loan for a 100-bed skilled nursing facility in the Dallas suburb of Grapevine.
The second loan was a $6.1 million construction loan for a 48-bed assisted living facility in the Austin suburb of Buda.
Avi Begun, senior originator with Harborview, closed both transactions. The borrowers and names of facilities were not disclosed.