Location: Cameron Park, CA

Loan Amount: $2,600,000

Interest Rate: Prime + 2.00%

Term/Amortization: 25/25

Loan to Value: 85%

Purpose:  The loan for this all-private pay assisted living facility was used to facilitate a partner buy-out. Arriba is continuing to work with the borrower to secure a $3,700,000 credit facility to expand the facility by adding an additional 31 beds to meet market demand.