Assisted Living Facility
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The borrower owns 5 different facilities in Illinois and Connecticut. He is in default on two of them. The others have small balances and are not in default. reason is COVID like many others. He needs some cash out to re market the facilities to fill the rooms and also for renovations on one of the buildings. He is looking for loan amount of 5 million crossing all properties
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April 26, 2023 - 2:45pm
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