BHI closed the refinancing of a $30 million loan for a senior living facility with 199 beds in Davie, FL. The borrower is Royal Senior Care, which owns and operates senior living facilities in the Southeastern United States with a primary focus in South Florida.
BHI appointed Nitin Aeri as head of cash management. Aeri brings to BHI more than 20 years of experience in treasury and cash management across commercial, corporate and multinational client segments.
BHI provided an $80 million construction loan to 200 East 20th St., which is a development project of a new condominium building located at 20th Street and Third Avenue in the Gramercy Park neighborhood of Manhattan, NY.
BHI, a full-service commercial bank, hired Danielle Ofek as head of high tech. Ofek has more than 15 years of experience founding and leading technology start-ups; as well as serving as an executive in the corporate technology sector.
BHI, a full-service commercial bank, closed on a $42.5 million term loan for TL Management, a company that owns skilled nursing facilities across the country.
The consumer and industrial group of BHI, a full-service commercial bank, has provided $18.35 million in financing for Allstate Sales Group, a provider of telecom and electric infrastructure engineering, design and construction services.
The international consumer and industrial team at BHI, a full-service commercial bank, provided a $20 million revolving loan for North Shore Components, a global OEM distributor of electronic computer parts, components and hardware based in Bellport, NY.
BHI provided a $40 million revolving line of credit to Veja Electronics and a $5 million line of credit to Tanner Bolt & Nut.
BHI made two strategic hires in California. James Lee was appointed senior vice president and head of California commercial & industrial. Kevin Kim has been appointed first vice president and relationship manager for the California C&I team.
The food and beverage group of BHI, a full-service commercial bank closed a total of $100 million in new financing transactions. The robust volume of transactions reflects the continued expansion of BHI’s food and beverage group.