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Washington DC & Mid-Atlantic  + Virginia  + Senior Housing  |  July 31, 2025
Jasmine Kilman
By: Jasmine Kilman

Greystone Provides $34M in Financing for Virginia Nursing Facility

Greystone has provided a $33.9 million bridge-to-HUD loan to acquire a 210-bed skilled nursing facility in Virginia.

The financing was originated by Christopher Clare, Managing Director, along with David Young, Ryan Harkins, Ben Rubin, Parker Nielsen, and Liam Gallagher. The interest-only bridge financing carries a 24-month term, with two 6-month extension options, and features a floating rate. The borrower also secured an interest rate cap to mitigate future rate volatility.

The property is a 210-bed skilled nursing, therapy, and long-term care center that has been renovated throughout. The facility is located at 300 Blue Ridge Street, Martinsville, Virginia. “This financing is a testament to Greystone’s commitment to delivering tailored solutions that support our clients’ growth strategies in the skilled nursing sector,” said Clare.

Read More News Stories About: Greystone
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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