News Release: BMO Healthcare Real Estate acts as Administrative Agent and Arranger for $156,500,000 in bridge financing for Bonaventure Senior Living.

BMO’s Healthcare Real Estate group announces that it closed a $156,500,000 bridge loan for the recapitalization of 5 seniors housing communities totaling over 700 units located in Washington, Oregon, and Colorado. The near-stabilized seniors housing portfolio is owned, operated, and originally developed by Bonaventure Senior Living.

 Formed in 1999, Bonaventure Senior Living has become a market-leading and vertically integrated owner, operator and developer of seniors housing communities located primarily in the Pacific Northwest. Today, Bonaventure’s seniors housing portfolio is comprised of 28 communities, 3,900 units and serves over 3,500 seniors in Washington, Oregon, and Colorado. Bonaventure is a family-owned company based in Salem, OR that employs over 1,700 team members.

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