Greystone, a commercial real estate lending, investment, and advisory company, has provided an $8 million HUD-insured loan to refinance a 90-bed skilled nursing facility in Plainfield, Conn. The transaction was originated by Lisa M. Fischman of Greystone.

The $8,008,000 permanent FHA financing carries a 35-year term and 35-year amortization along with a fixed rate. Greystone provided a bridge loan to the borrower to acquire the facility earlier in 2019.

The family-owned and operated Colonial Health & Rehab Center of Plainfield offers long- and short-term skilled nursing and rehabilitation services, as well as respite, hospice and palliative care. The facility also offers recreational and lifestyle amenities on-site to its residents.