Lancaster Pollard Arranges $10M Refinancing for 70-Unit Community in Minnesota

by Jeff Shaw

ANDOVER, Minn. — Lancaster Pollard has arranged a $10 million loan for Arbor Oaks, a 70-unit assisted living community in the Minneapolis suburb of Andover.

The FHA loan refinanced existing debt against the property. The loan features a fixed interest rate, 35-year term and debt service savings.

Quintin Harris led the transaction for Lancaster Pollard.

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