Oxford Finances LLC arranges $6M loan for Synergy Health Centers
Oxford Finances LLC has arranged a $6.1 million loan to finance the expansion of Synergy Health Centers, a private company in New Jersey that specializes in healthcare delivery in the skilled nurse setting. The financing will be used to acquire Park Avenue Health Center (formerly known as Park Avenue Nursing and Rehabilitation Center) in Arlington, MA.
Park Avenue Health Center is an 89-bed facility that offers rehabilitation, skilled nursing, and transitional care. Basic services and amenities include the Guardian Angel program, therapeutic recreation activities and fully air-conditioned private and semi-private housing.
The facility will serve the Arlington, MA, metro area.