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Senior Housing News

Lightstone Capital Provides $9.2M Refinancing Package

Lightstone Capital arranged a $9.2 million senior bridge loan to Wartep Management to refinance two assisted living and memory care communities in South Florida: The Residences at Dania Beach in Dania Beach; and Azalea Gardens in Hollywood. Wartep is in the process of renovating the Dania Beach property and ramping up operations at the time of closing.

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