Columbia Pacific Secures $118M for Senior Housing Portfolio
November 16, 2018 / Holly Dutton
An investment vehicle managed by Columbia Pacific Advisors has secured a $118.3 million adjustable-rate loan to acquire a fee interest in a four-property senior housing portfolio in California, Massachusetts and North Carolina. Capital One provided the Fannie Mae loan. The portfolio has a total of 518 units and is comprised of El Dorado Estates in El Dorado Hills, Calif., Fairview Estates in Hopkinton, Mass., Providence Meadows in Charlotte, N.C. and Williams Place in Davidson, N.C.