■ Murfreesboro, Tenn.-based National Health Investors (NYSE: NHI) is planning to lend $154.5 million to recapitalize and finance the expansion of Timber Redige at Talus, a continuing care retirement community in Issaquah, Wash. The facility serves the greater Seattle area and currently has 184 independent living apartments which are 95 percent occupied. The expansion plans to add 145 additional apartments. The financing is expected to include a $60 million senior loan and a $94.5 million construction loan.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
