$80M Complex New York Co-Lending Financing for Construction Loan, Term Loan and Line of Credit for Skilled Nursing Facility
September 15, 2018
$80 million complex New York co-lending financing representing lead lender, collateral and administrative agent for a construction loan, term loan and line of credit for New York skilled nursing facility (for profit) with over 500 beds where co-lender only participated in term loan and construction loan and not the line of credit so first priority for business assets was held by lead lender. This financing included review of all permits and approvals for construction and operation of a skilled nursing home.