Represented a client as lender's counsel in a bridge-to-HUD loan secured by four skilled nursing facilities with three of the facilities having subleases with local county hospital districts with each participating in Texas's quality incentive payment program (QIPP).
Represented a client as borrower's counsel in a bridge-to-HUD loan secured by four skilled nursing facilities, including the negotiation of accounts receivable financing.
Represented a client as borrower's counsel in $161 million of HUD Section 207/223(f) loans for 57 apartment homes located throughout the country.
Represented the new owner and operator in negotiating a purchase and sale agreement, interim lease, and operations transfer agreement for an immediate change of operations and subsequent purchase of a skilled nursing facility in combination with the assumption of a HUD-insured loan.
Represented a client as lender's counsel in a borrower and operator Change of Participant (CHOP) transaction for three skilled nursing facilities in Texas and Tennessee.
Represented a client as lender’s counsel in $67.8 million HUD Section 232/223(f) financing of 11 Indiana skilled nursing facilities. The facilities each had subleases with a local county hospital district with each participating in Indiana's intergovernmental transfer (IGT) program and had accounts receivable financing.
Represented a client as lender’s counsel in $85 million HUD Section 232/223(f) financing of 11 Texas skilled nursing and assisted living facilities. The facilities were subject to a master lease with a third-party operator and also had accounts receivable financing.
Represented a client as lender’s counsel in $82 million HUD Section 232/223(f) financing of five West Virginia skilled nursing and assisted living facilities. Five facilities were subject to a master lease, each project had accounts receivable financing with different accounts receivable lenders and closed with multiple HUD counsel and HUD field offices.
Represented a client as lender’s counsel in $7.1 million HUD Section 232/241(a) financing for the construction of an addition to a memory care facility to an Ohio skilled nursing and assisted living facility.
Represented a client as lender’s counsel in a $12.5 million HUD Section 232 new construction financing for a new skilled nursing facility.
Represented a client as lender’s counsel in a $15.2 million HUD Section 232/223(f) financing of a Maine assisted living facility.
Represented a client as lender’s counsel in a $8.5 million HUD Section 223(f) financing of a Minnesota senior housing facility.
Represented a client as lender’s counsel in a $6.2 million HUD Section 223(f) financing of a Nevada senior housing facility.
Represented a client as lender’s counsel in a $11.8 million HUD Section 232/223(f) financing of a Texas skilled nursing facility participating in Texas' quality incentive payment program (QIPP) and with accounts receivable financing.
Represented a client as lender’s counsel in a $21.2 million HUD Section 232/223(f) financing in California that included accounts receivable financing and a master lease with a sister facility.
Represented a client as lender's counsel in a $28.7 million three-site portfolio of HUD Section 232/223(f) financing loans involving a master lease and accounts receivable financing.
Represented a long term care facility in the closing of a two-site bridge-to-HUD credit facility worth $7.5 million.
Represented a client as lender's counsel in a $6 million HUD Section 232/223(a)(7) financing in Texas.
Represented a client as lender's counsel in a $9 million HUD Section 232/223(f) financing in New York involving the assignment of underlying financing.