Cedarbrook Senior Living
Property Description
Cedarbrook Senior Living is an assisted living and memory care facility in Washington County, OR. The property consists of one four-story building with 107 assisted living units and 64 memory care beds.
Loan Usage
The $25.6 million C-PACE loan is for the construction of Cedarbrook, and pairs together with a $41.6 million construction loan and mini-perm mortgage with Columbia Credit Union. Covered building measures are expected to save $335,407 annually in operating costs.
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