CDLI Wayman Manor TX
|Size||$20 Million||Our Role||Lender|
KEYBANK PROVIDES $20 MILLION OF FINANCING FOR AFFORDABLE HOUSING PROPERTY IN TEXAS
KeyBank Community Development Lending and Investment (CDLI) has provided $19.6 million of construction and permanent financing for Denver-based Steele Properties LLC to acquire and renovate a senior housing property in Temple, Texas. Steele is a real estate investment company specializing in acquiring, rehabilitating and constructing affordable family, senior and disabled housing rental properties.