Source: REBusinessOnline

Contemporary: Contemporary Healthcare Closes $2.8M Loan for Acquisition of Two Assisted Living Communities in Oregon

MEDFORD, ORE. - Contemporary Healthcare Capital has arranged a $2.8 million mezzanine loan to affiliates of Sapphire Health Services. The loan will help finance the acquisition of two assisted living facilities in Medford. Contemporary's senior lending partner on the transaction was Sunwest Bank of Irvine. The combined loans of approximately $11.8 million were used for [...]

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