Northwind Group and Care Trust REIT Provide $105 Million in Mezzanine Loans Secured by 25 Skilled Nursing and Assisted Living Properties in Virginia and Missouri
CTRECareTrust REIT(CTRE) Prnewswire·2024-02-06 00:29

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- Northwind Group, a real estate private equity firm and debt fund manager, announced today that Northwind Healthcare Debt Fund II led the origination of two mezzanine loans totaling 105millionsecuredbytwoportfoliosof25propertiescomprisedof2,920skillednursingbedsand186assistedlivingunitslocatedinVirginiaandMissouri.CareTrustREIT,Inc(NYSE:CTRE)participatedwith105 million secured by two portfolios of 25 properties comprised of 2,920 skilled nursing beds and 186 assisted living units located in Virginia and Missouri. Care Trust REIT, Inc (NYSE: CTRE) participated with 44.8 million in the mezzanine loans and Deutsche Bank led $310 million in senio ...