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Greystone Provides $41M for Minnesota Senior Housing Portfolio

Greystone has provided $41 million in bridge financing to Oxford Capital Group for the acquisition of six assisted living facilities totaling 372 beds in Minnesota.

The financing was originated by Greystone Managing Director Christopher Clare. Greystone’s David Young, Ryan Harkins, Ben Rubin, Parker Nielsen, and Liam Gallagher also assisted on the transaction.

Greystone’s $41 million interest-only non-recourse bridge loan carries a 24-month term with two six-month extension options. The acquisition financing for the properties located in the Minneapolis area and northern Minnesota enabled the borrower to close the transaction and begin working with Greystone on securing permanent HUD-insured financing.

“Greystone’s bridge platform is an ideal solution for completing an acquisition, setting the borrower up for success as we begin down the path toward long-term FHA financing,” said Clare.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with Greg Mutz, Chairman & CEO of Amli Residential Partners, LLC and Keynote Interviewer Fred Schreiber, Chief Operating Officer at Connect Midwest Multifamily on June 4, 2025, at The Midland Hotel, Chicago, IL. Register Today to network with your peers!

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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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