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Commercial Property Financing – Recent Healthcare Projects

Gershman specializes in commercial property financing for multifamily facilities, skilled nursing homes, assisted living facilities, and hospitals. Gershman Mortgage provides and services all types of financing for new construction, substantial rehabilitation, and refinancing.

Morning Star Village Assisted Living

Morning Star Village

Location: Rockford, IL
Type of Facility: Assisted Living Facility
Amount of Financing: $10,720,000
Type of Financing: An FHA insured 232/223(f) financed with GNMA collateralized mortgage backed securities.

Oakview Heights for website

Oakview Heights Continuous Care Center

Location: Mt. Carmel, IL
Type of Facility: Skilled Nursing
Amount of Financing: $8,332,400
Type of Financing: An FHA insured 232/223(a)(7) financed with GNMA mortgage backed securities.

Cambridge House of Swansea

Location: Swansea, IL
Type of Facility: Assisted Living Facility
Amount of Financing: $9,625,000.00
Type of Financing:an FHA insured 223(f) financed with GNMA collateralized mortgage backed securities.

Independence Hill

Location: San Antonio, TX
Type of Facility: Assisted Living Facility
Amount of Financing: $5,463,200
Type of Financing: an FHA insured 223(a)(7) financed with GNMA collateralized mortgage backed securities.

Faith Care

Faith Care

Location: Highland, IL
Type of Facility: Skilled Nursing & Assisted Living Facility
Amount of Financing: $13,103,800
Type of Financing: An FHA insured 223(a)(7) financed with GNMA collateralized mortgage backed securities.

Chico Creek

The Courtyard at Little Chico Creek

Location: Chico, CA
Type of Facility: Assisted Living Facility
Amount of Financing: $2,160,000
Type of Financing: An FHA insured 223(a)(7) financed with GNMA collateralized mortgage backed securities.

Pacific Care

Pacific Care

Location: Pacific, MO
Type of Facility: Skilled Nursing Home
Amount of Financing: $4,209,000
Type of Financing: An FHA insured 223(a)(7) financed with GNMA collateralized mortgage backed securities.

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