If you’re a long-term care operator and something is keeping you up at night, chances are Scott Thurman and his team are actively trying to figure out what it is and how they can help lend a financing...
Housing & Healthcare Finance affiliate closes $16.5 million in loans
Aug 12, 2014
Housing & Healthcare Finance’s affiliate company, HHC Funding and Congressional Bank, recently closed and funded about $16.5 million in loans. This transaction involved four loans and six healthcare...
Corporate finance group named top lead arranger
Jan 10, 2018
Capital One Healthcare’s Corporate Finance group has been named the No. 1 lead arranger for healthcare leveraged loans up to $1 billion, per Thomson Reuters.
September Business Briefs
Sep 01, 2020
Monticello provided $14 million in first lien debt financing for a Wisconsin skilled nursing facility portfolio, the lender announced in August. The financing will be used to refinance two SNFs and acquire...
Greystone refinances Long Island skilled nursing facility for $71.3M
By
Kimberly Marselas
Jan 28, 2020
National real estate lender Greystone recently provided a $71.3 million HUD-insured loan to refinance Massapequa Center Rehabilitation & Nursing, a 320-bed skilled nursing facility in Long Island, NY....
California nursing center acquired
Mar 15, 2016
Capital Funding Group announced the closing of a junior portion of debt to finance the acquisition of Evergreen Nursing and Rehabilitation Center, a 175-bed skilled nursing facility, in Modesto, CA.
Court rules that former nursing home executives must pay $12 million for stealing from debt-ridden facilities
By
McKnight's Staff
Oct 09, 2012
Two former nursing home executives were ordered to pay $12 million for misdirecting millions of dollars from two failing Rhode Island nursing homes, a federal judge ruled Thursday.
Limit duplicate LTC inspections, report says
Oct 11, 2011
A recommendation to limit duplicative nursing home and assisted living inspections has drawn kudos from a leading healthcare group.
Providers critical of Trump budget, which would cut Medicare, kill AHRQ, slash IT agency
By
Kimberly Marselas
Feb 13, 2018
President Donald Trump has unveiled his spending priorities for 2019, releasing a budget that would eliminate 22 programs and agencies — including the Agency for Healthcare Research and Quality — and...
States could cut healthcare costs by delivering patient-tailored meals, study suggests
By
Kristen Fischer
Jul 01, 2024
Healthcare costs could go down in nearly every state with programs that deliver meals customized for people with conditions such as heart disease or diabetes, a new study finds. The meals could prevent...