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M&R Closes $50 Million Purchase of Skilled Nursing Facility

September 19, 2016

Michelman & Robinson, LLP (M&R) Health Care Partner, Mark Zafrin and M&R Real Estate Partner Mark Frimmel, with assistance from Real Estate Counsel, Josh Bernstein, and Corporate & Securities Associate, Jonathan Goeringer, represented Banco Popular and Popular Community Bank in connection with a $46,600,000 first mortgage loan and $5,000,000 building loan to the purchaser of a 405-bed skilled nursing home in the Bronx, New York.