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G Capital Markets Provides $9.6M HUD Refinancing for Trellis Chino in California

CHINO, Calif. — G Capital Markets, a new advisory firm launched this summer by Grant Goodman, has arranged a $9.6 million HUD refinancing for Trellis Chino, a skilled nursing facility in Chino.

Built in 2018, the community comprises all private rooms and exclusively cares for short-term, high-acuity rehabilitation patients.

After leasing up during COVID, the building has performed strongly with near 100 percent occupancy, according to G Capital.

The borrower, Encore Capital Ventures, is a real estate investment and capital solutions firm with a portfolio of healthcare and other real estate holdings across California.

Proceeds of the loan were used to pay off construction loan debt and fund replacement reserves.

The post G Capital Markets Provides $9.6M HUD Refinancing for Trellis Chino in California appeared first on Seniors Housing Business.

Source: Senior Housing Business

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