NorthPoint Arranges $7M Refinancing for 134-Unit Community in Michigan

by Jeff Shaw

ST. JOSEPH, Mich. —NorthPoint Capital Funding has arranged the $7 million refinancing of The Whitcomb Senior Living Community, a 134-unit community in St. Joseph, located in the southwest corner of the state along the banks of Lake Michigan.

Originally constructed as a hotel in 1928, the property was converted to seniors housing in 1973.

NorthPoint Capital Funding is a subsidiary of NorthPoint Capital Group, a lender based in Chicago.

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