Citadel Care Centers Lands $51M to Build Nursing Facility Near Aventura
Citadel Care Centers broke ground on a skilled nursing facility in North Miami Beach, Fla., after securing a $50.9 million loan, property records show. The financing from PNC Bank covers a 3.2-acre site, occupying a full block at 1875 and 1800 Northeast 167th Street, adjacent to…
Citadel Care Centers broke ground on a skilled nursing facility in North Miami Beach, Fla., after securing a $50.9 million loan, property records show. The financing from PNC Bank covers a 3.2-acre site, occupying a full block at 1875 and 1800 Northeast 167th Street, adjacent to…
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Why it matters
This is a routine commercial real estate financing transaction for a nursing facility, involving a standard loan amount and no novel structure or systemic implications.
Sources
Commercial Observer
Citadel Care Centers Lands $51M to Build Nursing Facility Near Aventura
Citadel Care Centers broke ground on a skilled nursing facility in North Miami Beach, Fla., after securing a $50.9 million loan, property records show. The financing from PNC Bank covers a 3.2-acre site, occupying a full block at 1875 and 1800 Northeast 167th Street, adjacent to…