A new healthcare bridge lending vehicle from Hudson Realty Capital is expected to help fill the gap for skilled nursing, independent living, assisted living and memory care properties nationwide, according to a company release.

Hudson Realty Capital anticipates $300 million to $400 million to be available for lending in the next 18 to 24 months through the new vehicle.

Richard Ortiz, Hudson's Co-Founder and Managing Partner, said in prepared remarks, "With disruptions in the market during the past couple of years creating new opportunities for boutique lenders, we're thrilled to [be able to step in to provide this]."

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.