Bank Leumi USA this week announced the completion of a $23.5 million deal covering four skilled nursing facilities and one assisted living property operated by Prestige Care. The family operator used the cash to refinance an existing asset-based loan revolver and a real estate term loan, with the goal of boosting liquidity and funding future […]
Riverside Health System
Cascadia Healthcare Becomes Largest Post-Acute Operator in Idaho Cascadia Healthcare announced several transactions that made the Eagle, Idaho-based post-acute health care company the largest such operator in the state. Cascadia of Nampa, a 99-bed transitional care facility in Nampa, Idaho, opened most recently. In addition, Cascadia expects to open a similar construction facility in Boise, Idaho, early next […]
Capital One Closes $41.1 Million Mortgage for Pacific Northwest SNF Provider Capital One provided a $41.1 million first mortgage and a $5 million senior credit facility for Prestige Care, a Vancouver, Wash.-based provider of skilled nursing, memory care, assisted living, and independent living communities, the lender announced. Prestige Care will use the loan to purchase […]
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