SHAWNEE, Kan. — Lancaster Pollard has arranges a $6.9 million loan to refinance Shawnee Heartland, a 48-bed assisted living community in the Kansas City suburb of Shawnee.
The borrower, Granite Investment Group, acquired the community in 2015. Advantage Health Group Inc. operates the facility for Granite.
The Fannie Mae loan features a seven-year term and variable interest rate.
secure a $6.9 million Fannie Mae loan with a seven-year term that features a variable interest rate.
Ross Holland led the transaction for Lancaster Pollard.