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Live Oak, Locust Point Arrange $15.3M Financing for Phoenix Senior Living

BEAUFORT, S.C. — Live Oak Bank and Locust Point Capital have arranged a $15.2 million loan for Georgia-based Phoenix Senior Living.

The financing retired the existing construction debt of a 75-unit assisted living and memory care community in Beaufort, South Carolina. Further details were not disclosed.

The post Live Oak, Locust Point Arrange $15.3M Financing for Phoenix Senior Living appeared first on Seniors Housing Business.

Source: Senior Housing Business

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