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Henderson, Nevada. January 24th 2025 Parkway International Capital Group (PIC Group) has successfully closed a $17.5 million refinance loan for a premier senior living development in Henderson, Nevada, demonstrating its expertise in large-scale, customized financing solutions. Why the Borrower Chose PIC Group The borrower, a leading healthcare and senior living developer with over $500 million in completed projects, selected PIC Group for its: * Industry Expertise: Proven success in senior living financing * Efficient Execution: Closing within 20 days * Tailored Solutions: Structuring that delivered cost savings and flexibility Addressing Growing Market Demand The project, a 150-unit senior living community with independent living, assisted living, and memory care services, meets rising demand in Henderson, where the senior population continues to grow. This aligns with a projected 44% increase in demand for senior housing by 2030 (NIC data). Financial Highlights * Loan Amount: $17.5 million * Loan Term: 36 Months, up to 5 years amortization * Interest Rate: Fixed at 8.98% * Loan-to-Value (LTV): 75%, ensuring liquidity and equity balance The refinance reduced the borrower’s annual debt service by $450,000 and provided capital for future projects. About Parkway International Capital Group PIC Group specializes in innovative commercial financing for high-value projects, partnering with clients to deliver tailored solutions and exceptional results. https://finance.yahoo.com/news/parkway-international-capital-group-funds-212500374.html