Fifty Stones Capital Group Provides $8 Million Financing for Acquisition of Assisted Living Facility in Mesa, AZ.

Mesa, AZ - October 25, 2023 – Fifty Stones Capital Group is proud to announce the successful funding of an $8,000,000 bridge loan to support the acquisition of an assisted living facility located in the heart of Mesa, Arizona. The financing was secured on behalf of an experienced group of investors who currently own and operate a portfolio of 15 assisted living facilities across multiple states.

The purchase price of the Mesa property was $10 million. The borrowers sought a strategic financing solution that would allow them to leverage their existing operational experience while positioning the new acquisition for long-term success. The loan was structured as an interest-only facility at a competitive 8.75% rate, with a 36-month term, offering the flexibility needed for the group’s investment strategy.

In this transaction, the borrowers are acquiring the asset as investors rather than operators, bringing in a third-party management company to oversee day-to-day operations. This approach allows the investment group to focus on asset performance while relying on seasoned professionals to manage care standards and facility compliance.

“This deal highlights our commitment to supporting established operators and investors in the healthcare real estate space,” said Mark Shea, CEO of Fifty Stones Capital Group. “We’re thrilled to be part of our client’s continued growth in the assisted living sector, especially as demand continues to rise for high-quality senior care facilities.” Fifty Stones Capital Group remains focused on providing tailored financing solutions to sponsors and investors across healthcare, multifamily, and commercial real estate sectors nationwide.

About Fifty Stones Capital Group. Fifty Stones Capital Group is a private real estate lender specializing in flexible debt solutions for commercial real estate investors and developers. With a focus on speed, creativity, and partnership, Fifty Stones empowers clients to scale their portfolios and seize opportunities in a dynamic market. For more information about Fifty Stones Capital Group's loan programs, including Rehab/Renovation Loans, Construction Loans, Bridge Loans, Commercial Acquisition Loans, and Change of Use Loans, visit www.fiftystonescapitalgroup.com or contact info@fiftystonescapitalgroup.com.