Cypress Garden, a 278-bed facility, secured $32.32 million in its refinancing deal. The facility offers short-term rehabilitation including physical, occupational and speech therapies, as well as IV therapy, wound management, Alzheimer's and dementia care, tube feeding, Cpap/Bipap, and orthopedic care. The facility also caters to the Mandarin and Chinese population with a specialized Ankang Program, offering culturally-appropriate activities and dietary options.

“I always appreciate the confidence and certainty of execution with which Greystone shepherds us through the HUD loan process. It's been a pleasure to secure long-term permanent financing for a growing portfolio of assets and being able to focus on the resident experience,” states Ben Philipson, COO of SentosaCare.

“Brookhaven Rehab and Cypress Garden are both unique facilities in that they are quite large, but also very specialized and personable for each of their focused resident groups, whether it is for nutrition or palliative care or a culturally accommodating environment,” Greystone's Levine adds. “By securing this long-term financing for both facilities, the borrowers can continue to invest in them for the benefit of the residents and continue to provide services that are in great need for the Queens community.”