{"id":394569,"date":"2020-12-07T11:19:10","date_gmt":"2020-12-07T16:19:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=394569"},"modified":"2020-12-07T11:19:10","modified_gmt":"2020-12-07T16:19:10","slug":"greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/","title":{"rendered":"Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, Dec.  07, 2020  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sW21XOihEr1zuGCACrFUD_qda7e1rE_dBiiF_PiEMMk6AEK4U_CDtPhPfmJ604LH04Uw7r77C-iHsj1U5lvBEg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Greystone<\/a>, a leading national commercial real estate finance company, has provided $23.8 million in HUD-insured loans to refinance a trio of assisted living facilities in New Hampshire. The Interest Rate Reduction (IRR) transaction was originated by Lisa M. Fischman, vice president in Greystone\u2019s New York office, on behalf of family owned The Courville Company.<\/p>\n<p>The refinanced properties include Courville at Manchester; Courville at Carlyle Place; and Courville Nashua &amp; Aynsley. The IRR reduces the interest rate on an existing HUD-insured loan, maintaining the existing maturity and loan amount.<\/p>\n<p>\u201cAn IRR is a good option for mortgagors who have held their asset since before rates dropped earlier this year,\u201d said Ms. Fischman. \u201cAt Greystone, we are continually seeking ways to help our clients leverage market dynamics so they can optimize their real estate portfolios, and an IRR is especially valuable in the assisted living and skilled nursing markets, which are under intense fiscal pressure today dealing with COVID-19.\u201d<\/p>\n<p>\u201cThe prospect of reducing the debt service with an IRR was made simple with Lisa\u2019s guidance; it was completed in just a couple of weeks and the savings was significant,\u201d said Ms. Paulette DiDomenico, controller, The Courville Company. \u201cWe want to ensure we are operating as efficiently and carefully as possible while providing the highest-quality care to our residents during the pandemic, and this transaction has helped our group immensely during these tough times.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About Greystone<\/strong><br \/>\n        <br \/>Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and\/or other Greystone affiliates. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZDUsnx2k-X8geXdamD1xxwxXWTci-jyww0QL1KmWwm1zsvSYqNsgX8UEZuukpTb-lv7bt7VoIFXa5DKdFhEQAw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.greystone.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>PRESS CONTACT:<\/strong><br \/>\n        <br \/>Karen Marotta<br \/>Greystone<br \/>212-896-9149<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2YGPN-FxNuFPkwiWq6oUYH1CQgp-dsmecZ4C1rErjmw-HWc0r1Y-5mbr5qnVGoN4HyKQCYUIyEWN0b494dg83VQ0sOgxi46naXSA7UKMxZw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Karen.Marotta@greyco.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5Nzk0NSMzODU5NzI5IzIwMjMzODA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/a47695af-9098-4caa-ab44-1d88350eb341\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided $23.8 million in HUD-insured loans to refinance a trio of assisted living facilities in New Hampshire. The Interest Rate Reduction (IRR) transaction was originated by Lisa M. Fischman, vice president in Greystone\u2019s New York office, on behalf of family owned The Courville Company. The refinanced properties include Courville at Manchester; Courville at Carlyle Place; and Courville Nashua &amp; Aynsley. The IRR reduces the interest rate on an existing HUD-insured loan, maintaining the existing maturity and loan amount. \u201cAn IRR is a good option for mortgagors who have held their asset since before rates dropped earlier this year,\u201d said Ms. Fischman. \u201cAt &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-394569","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided $23.8 million in HUD-insured loans to refinance a trio of assisted living facilities in New Hampshire. The Interest Rate Reduction (IRR) transaction was originated by Lisa M. Fischman, vice president in Greystone\u2019s New York office, on behalf of family owned The Courville Company. The refinanced properties include Courville at Manchester; Courville at Carlyle Place; and Courville Nashua &amp; Aynsley. The IRR reduces the interest rate on an existing HUD-insured loan, maintaining the existing maturity and loan amount. \u201cAn IRR is a good option for mortgagors who have held their asset since before rates dropped earlier this year,\u201d said Ms. Fischman. \u201cAt &hellip; Continue reading &quot;Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-07T16:19:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5Nzk0NSMzODU5NzI5IzIwMjMzODA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million\",\"datePublished\":\"2020-12-07T16:19:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\\\/\"},\"wordCount\":320,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5Nzk0NSMzODU5NzI5IzIwMjMzODA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\\\/\",\"name\":\"Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million - 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The Interest Rate Reduction (IRR) transaction was originated by Lisa M. Fischman, vice president in Greystone\u2019s New York office, on behalf of family owned The Courville Company. The refinanced properties include Courville at Manchester; Courville at Carlyle Place; and Courville Nashua &amp; Aynsley. The IRR reduces the interest rate on an existing HUD-insured loan, maintaining the existing maturity and loan amount. \u201cAn IRR is a good option for mortgagors who have held their asset since before rates dropped earlier this year,\u201d said Ms. Fischman. \u201cAt &hellip; Continue reading \"Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-07T16:19:10+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5Nzk0NSMzODU5NzI5IzIwMjMzODA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million","datePublished":"2020-12-07T16:19:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/"},"wordCount":320,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5Nzk0NSMzODU5NzI5IzIwMjMzODA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-refinances-new-hampshire-assisted-living-portfolio-for-23-8-million\/","name":"Greystone Refinances New Hampshire Assisted Living Portfolio for $23.8 Million - 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