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$45 MM Floating-Rate Perm Loan

Client Request

Take out financing and cash out on a recently completed state-of-the-art Assisted Living and Memory Care Property in Glendale, CA that is in lease-up



Dekel Capital arranged for the 10-year, floating-rate loan with interest and operating reserves based on updated budgets to allow take the Property through stabilization. In addition, Dekel arranged for some cash out to allow the Sponsor to return a portion of the equity to their investors.

$116 Million Recapitalization

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$35 MM in Debt & Equity – Acquisition Financing

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