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News Stories (59 Results) - Nursing Facilities

MONTICELLOAM (“MonticelloAM”) announced the closing of a $400,000,000 bridge loan for a 29-facility skilled nursing portfolio. A MonticelloAM firm affiliate acted as Agent, with Huntington National Bank as joint lead arranger. The financing comprised... Read Story

December 19, 2024, 08:15 AM

MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, announced the closing of $87,000,000 in total bridge and working capital financing for a portfolio of skilled nursing facilities located in Florida.  Proceeds from... Read Story

November 08, 2024, 08:15 AM

SSG Capital Advisors served as the investment banker to Harrison Enterprises Limited Partnership and Affiliates in the sale of its skilled nursing facilities to an affiliate of Emerald HCG LLC. The transaction closed in October 2024.Founded in 1972... Read Story

November 08, 2024, 08:10 AM

MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, and its affiliates announced the closing of $59,250,000 in bridge and working capital financing for a portfolio of skilled nursing facilities... Read Story

October 10, 2024, 08:05 AM

First Citizens Bank's Healthcare Finance business served as lead arranger of $115 million in financing for the acquisition of eight skilled nursing facilities in Illinois. The borrower is a Midwest-based healthcare real estate investment and... Read Story

September 06, 2024, 07:00 AM

Oxford Finance closed a $47 million senior credit facility to Creative Solutions in Healthcare, Inc. Funds drawn at closing were used to finance the acquisition of two skilled nursing facilities in Texas, totaling 228 beds. Additionally, the credit... Read Story

August 13, 2024, 07:50 AM

IDB Bank served as the Administrative Agent to a $201.5 million Bridge-to-HUD loan to benefit a national portfolio of 21 skilled nursing facilities, with locations in North Carolina, Michigan, Georgia and Texas. The recent financing activity signals... Read Story

June 24, 2024, 07:38 AM

First Citizens Bank's Healthcare Finance business served as lead arranger for a $260 million loan to refinance a portfolio of 12 skilled nursing facilities in Maryland.The borrower is a Midwest-based healthcare real estate investment and management... Read Story

May 10, 2024, 07:24 AM

SLR Healthcare ABL (“SLRHC”) provided financing for a $9 million asset-based revolving credit facility to an Illinois based nursing home operator (“Company”). The Company includes four facilities with over 1,100 beds that specialize in short-term... Read Story

April 19, 2024, 07:45 AM

SLR Healthcare ABL provided a $4 million asset-based revolving credit facility for a skilled nursing facility. The borrower is a Nevada based provider of 24-hour skilled nursing, post-operative care, and specialized programs including orthopedic... Read Story

March 27, 2024, 09:03 AM

EBSC Lending closed a $17.1 million senior bridge loan, which was used for the acquisition of a skilled nursing facility located in suburban Albuquerque, NM. The Sponsor required immediate execution due to an expiring purchase option,The Sponsor, a... Read Story

November 30, 2023, 07:00 AM

SLR Heathcare ABL provided a $16 million Asset-based Revolving Line of Credit to a Skilled Nursing Operator.SLR Healthcare ABL provides asset-based financing solutions to companies providing healthcare products or services throughout the United... Read Story

October 05, 2023, 07:42 AM

MidCap Financial provided a $33 million senior credit facility to a skilled nursing facilities operator. Proceeds from the MidCap credit facility will be used to support working capital requirements.MidCap Financial is a middle-market focused... Read Story

August 17, 2023, 07:50 AM

SC&H Capital completed a sale of Glen Hope Harbor, Inc.’s, nine memory care/assisted living properties, known as The Autumn Grove Cottages (“The Cottages”), to six different buying groups in the industry. The Cottages were owned by Glen Hope, a Texas... Read Story

November 22, 2022, 07:00 AM

BHI closed on a $42.5 million term loan for TL Management, a company that owns skilled nursing facilities across the country.“The TL team was incredibly professional to work with and their experience and knowledge of the business shines through.  We... Read Story

October 31, 2022, 07:50 AM

Oxford Finance closed a $124.75 million senior credit facility for the acquisition of four Autumn Lake Healthcare Skilled Nursing Facilities located in Maryland containing 520 licensed beds.Autumn Lake Healthcare maintains a network of independently... Read Story

October 21, 2022, 07:08 AM

White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a $42.3 million asset-based senior credit facility for Cascadia Healthcare, Inc. The funds will primarily be used to fund Cascadia’s growth and ongoing... Read Story

September 01, 2022, 07:45 AM

Siena Healthcare Finance closed a $20MM working capital facility for an Ohio-based chain of skilled nursing facilities. Siena refinanced the line of credit from a large commercial bank.“We offered a competitive financing package with the flexibility... Read Story

August 16, 2022, 07:35 AM

SLR Heathcare ABL provided a $2 million asset-based revolving line of credit to a skilled nursing operator. SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States. With over... Read Story

May 05, 2022, 07:29 AM

The Ensign Group, the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate... Read Story

April 12, 2022, 07:30 AM

Siena Healthcare Finance closed a $10 million working capital facility for a California-based chain of skilled nursing facilities. The selection process with various lenders participating was thorough and very competitive. The Operators main... Read Story

March 22, 2022, 07:22 AM

SLR Healthcare ABL provided a $2 million asset-based revolving line of credit to a skilled nursing home operator.  SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States.... Read Story

March 04, 2022, 07:30 AM

SLR Healthcare ABL provided a $7 million asset-based revolving line of credit to a skilled nursing operator. SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States. With... Read Story

October 13, 2021, 07:10 AM

SLR Healthcare ABL provided a $2,500,000 asset-based revolving line of credit to a skilled nursing operator.  SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States. With... Read Story

September 24, 2021, 06:00 AM

White Oak Healthcare Finance acted as administrative agent on the funding of a $185 million senior credit facility secured by 14 skilled nursing facilities in the Southeast. The total portfolio comprised over 1,400 beds.“Though the current operating... Read Story

September 23, 2021, 07:47 AM

Cambridge Realty Capital Companies reports providing a $12,722,300 HUD Lean loan to refinance Alden Town Manor, a 249-bed skilled care nursing facility located in Cicero, IL. Jeffrey A. Davis, Cambridge President, said the fully-amortized, 35-year... Read Story

September 02, 2021, 06:00 AM

MONTICELLOAM and its affiliates (“Monticello”), a specialized private healthcare and asset-based lender, asset manager and servicer, announced it has provided $58.13 million in first lien debt financing for the refinance of five skilled nursing... Read Story

August 27, 2021, 07:54 AM

Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $13,600,000 refinancing for an Altitude Health Services affiliate.The refinance was for a 187-bed skilled nursing facility, doing business as Mountain View... Read Story

August 20, 2021, 07:00 AM

Oxford Finance closed a $27.5 million senior credit facility to Cascades Healthcare, an owner and operator of long term care facilities. The funds were used for the acquisition of four skilled nursing facilities (“SNFs”) located in Texas containing... Read Story

June 30, 2021, 08:06 AM

MONTICELLOAM, LLCand its affiliates provided $20.00 million in first lien debt financing for the acquisition of two skilled nursing facilities and the contribution of one unencumbered skilled nursing facility located in Kansas and Ohio. The... Read Story

December 17, 2020, 08:00 AM

Oxford Finance closed a $7.4 million senior credit facility and revolving line of credit to REACH LTC, a provider of short and long-term skilled care options. The proceeds are being used for general working capital and the acquisition of one skilled... Read Story

December 10, 2020, 08:20 AM

Oxford Finance closed a $44.6 million senior credit facility and revolving line of credit to MDA Capital Group, LLC, a leading consulting services provider to the nursing home industry. The proceeds are being used for the acquisition of five skilled... Read Story

December 03, 2020, 08:00 AM

Greystone, a leading national commercial real estate finance company, has provided a $10.4 million bridge loan to refinance a 120-bed skilled nursing facility in Boonville, New York. The transaction was originated by Fred Levine, Managing Director on... Read Story

November 24, 2020, 06:00 AM

Oxford Finance LLC, a specialty finance firm that provides senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a $9.5 million senior credit facility and revolving line of credit to AB Asset... Read Story

November 09, 2020, 08:00 AM

MONTICELLOAM, LLC and its affiliates (“Monticello”), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided a $2.00 million working capital loan to the operating companies of two skilled... Read Story

September 23, 2020, 08:45 AM

MONTICELLOAM, LLC and its affiliates, a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided a $2.00 million working capital loan to the operating companies of three skilled nursing and... Read Story

August 26, 2020, 08:00 AM

MONTICELLOAM, LLC and its affiliates, a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $14.00 million in first lien debt financing for the acquisition of one skilled nursing and assisted... Read Story

August 12, 2020, 08:55 AM

MONTICELLOAM, LLC and its affiliates (“Monticello”), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided a $2.50 million working capital loan to the operating companies of three skilled... Read Story

June 09, 2020, 09:00 AM

MONTICELLOAM, LLC and its affiliates (Monticello), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $30.00 million in first lien debt financing for the acquisition of one skilled nursing... Read Story

May 27, 2020, 08:00 AM

MONTICELLOAM, LLC and its affiliates (“Monticello”), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $15.50 million in first lien debt financing for the acquisition of one skilled... Read Story

May 06, 2020, 08:59 AM

MONTICELLOAM, LLC and its affiliates (“Monticello”), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has recently provided $66.6 million in first lien debt financing for the acquisition of three... Read Story

April 15, 2020, 08:50 AM

MONTICELLOAM, LLC and its affiliates, a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $97.2 million in first lien debt financing for the acquisition of five skilled nursing properties... Read Story

March 31, 2020, 08:54 AM

MONTICELLOAM, LLC and its affiliates, a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $46.8 million in first lien debt financing for the refinance of one Skilled Nursing property and two... Read Story

February 27, 2020, 09:05 AM

MONTICELLOAM, LLC and its affiliates (Monticello), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $12.43 million in first lien debt financing for the acquisition of two skilled nursing... Read Story

February 24, 2020, 09:00 AM

MONTICELLOAM, LLC and its affiliates, a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $32 million in first lien debt financing for the refinance of one skilled nursing property totaling... Read Story

February 11, 2020, 08:55 AM

MONTICELLOAM, LLC and its affiliates (Monticello), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $15.8 million in first lien debt financing for the acquisition and renovation of three... Read Story

February 07, 2020, 08:55 AM

Monticello AM, LLC and its affiliates (Monticello), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has recently provided $13.5 million in first lien debt financing for the acquisition of one skilled... Read Story

January 29, 2020, 08:50 AM

Cambridge Realty Capital Companies reports providing two HUD Lean loans totaling $24 million to refinance The Vista Care Center of Lisbon, OH. and Vista Center at The Ridge of Mineral Ridge, OH. Jeffery A. Davis, Cambridge President, said the fully... Read Story

December 31, 2019, 08:50 AM

Monticello Asset Management, LLC  and its affiliates (“Monticello”), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $40 million in first lien debt financing for the refinance of an... Read Story

November 19, 2019, 08:55 AM

White Oak Healthcare Finance, LLC (“White Oak”) today announced it acted as administrative agent and lead lender on the funding of a $241 million senior credit facility secured by 19 skilled nursing facilities diversified across 6 states. The total... Read Story

October 02, 2019, 08:40 AM

CIT Group announced that its Healthcare Finance business served as sole lead arranger for a $27.2 million loan for two assisted living facilities in Texas.The borrower, a joint venture between Harrison Street and Franklin Development Partners, is... Read Story

September 13, 2019, 08:50 AM

CIT Group Inc. (NYSE: CIT) announced that its Healthcare Finance unit served as sole lead arranger on a $34 million financing for an assisted living facility in Richmond, Texas.The loan will be used primarily to refinance construction debt on the... Read Story

September 11, 2019, 08:40 AM

Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $14,500,000 to Living Well Lodges Management Company, LLC.Living Well is comprised of 3 assisted living facilities located in Florida. These... Read Story

September 04, 2019, 08:55 AM

White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a $66.0 million senior credit facility for GMF Capital, LLC (GMF).  The funds were used to refinance a portfolio of 14 skilled nursing... Read Story

August 07, 2019, 08:50 AM

Monticello Asset Management, LLC, a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $35.6 million in first lien debt financing for the acquisition of three skilled nursing properties and... Read Story

April 10, 2019, 08:55 AM

Monticello Asset Management, LLC, a specialized private real estate and asset-based lender, servicer and fund manager, announced it has provided $37.8 million in first lien debt financing for the acquisition of two skilled nursing properties totaling... Read Story

February 11, 2019, 07:43 AM

Monticello Asset Management, LLC announced that two of Monticello’s investment vehicles originated $8.375 million in first lien debt financing to Healthcare Management KY, LLC and a $1.50 million working capital loan to the operating companies of the... Read Story

July 12, 2018, 07:08 AM

Monticello Asset Management, LLC announced that one of Monticello’s investment vehicles originated $16.48 million in first lien debt financing to Nashville 832 Wedgewood Property, LLC. The Mortgagor is using the funds to acquire a single property in... Read Story

January 31, 2018, 07:16 AM

Monticello Asset Management, LLC announced that one of Monticello’s investment vehicles originated $6,250,000 in first lien debt financing to Olathe Property Holdings, LLC and AHO, LLC. The mortgagors are using the funds to acquire a 147 bed Skilled... Read Story

April 12, 2017, 07:35 AM