Represented a healthcare lender in a bridge-to-HUD loan secured by nine skilled nursing and assisted living facilities, including the negotiation of accounts receivable financing.
Represented a healthcare lender in a mezzanine loan portfolio secured by ten skilled nursing facilities, including negotiation of intercreditor agreements with senior mortgage lender and accounts receivable lender.
Represented mortgage loan seller in first ever collateralized loan obligation (CLO) collateralized entirely by healthcare loans.
Represented the purchaser in a defaulted note acquisition secured by a continuing care retirement community.
Represented the purchaser in the acquisition and subsequent expansion of an existing assisted living facility, including licensing and CON issues.
Represented the new operator in negotiation of a lease, operations transfer agreement and purchase option for a skilled nursing facility.
Represented the borrower in a loan extension and modification to permit construction of a new skilled nursing facility, including coordinating lot split and easement issues.
Represented the purchaser in acquisition of continuing care retirement community out of receivership, including negotiation of acquisition and accounts receivable financing.
Represented one of the nation's largest private commercial real estate lenders in the acquisition of a Washington, D.C.-based HUD lending subsidiary of an Illinois-based bank, making the lender one of the largest FHA/HUD multifamily and healthcare financing firms in the nation.
Represented the borrower in a $200 million warehouse credit facility secured by HUD-guaranteed loans.