Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
NEW YORK, Jan. 17, 2018 -- Greystone, a real estate lending, investment and advisory company, announced it has provided a $27,048,800 HUD-insured permanent loan to refinance Pathways Nursing and Rehabilitation Center, a skilled nursing facility in Niskayuna, New York. The transaction was originated by Fred Levine, Managing Director in Greystone’s Monsey, NY office.
Pathways Nursing and Rehabilitation Center offers a variety of highly specialized rehab services, including sub-acute rehabilitation, ventilator therapy, respiratory care, and traumatic brain injury treatment. The 112-bed facility also specializes in pediatric inpatient rehab and respite services. Amenities for residents at Pathways include an on-site salon, group activities and entertainment, private dining space and a newly-renovated grand dining area.
Located in the Mohawk Valley of New York State just outside of Schenectady, Pathways Nursing and Rehabilitation Center is a Sentosa Care affiliated facility. Sentosa Care is an organization formed to service and assist affiliated nursing facilities in fulfilling their commitment to quality healthcare. The long-term FHA financing for Pathways carries a 30-year term at a low, fixed rate, and enables Sentosa Care to invest significant capital in upgrading the facility’s existing spaces and amenities, as well as construct a newly planned vent unit and upgrade the pediatric unit.
“It’s especially gratifying to us at Greystone that we are able to provide capital to a facility like Pathways that provides care to difficult cases in their specialty units,” said Mr. Levine. “We truly value the trust Sentosa Care has in us to provide financing for their facilities and will continually work to exceed their expectations.”
About Greystone
Greystone is a real estate lending, investment and advisory company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA and Fannie Mae lender in these sectors. Our range of services includes commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, FHA, USDA, bridge and proprietary loan products. Loans are offered through Greystone Servicing Corporation, Inc., Greystone Funding Corporation and/or other Greystone affiliates. For more information, visit www.greyco.com.
PRESS CONTACT:
Karen Marotta
Greystone
212-896-9149
[email protected]
