White Oak Healthcare Finance is providing more than $240 million in funding for a portfolio of 19 skilled nursing facilities, the company announced in October.
The funding was secured for 19 SNFs across six states. The facilities comprise more than 2,000 beds. White Oak served as the sole lender and administrative agent for the funding of a $241 million senior credit facility.
Isaac Soleimani, managing director and partner at White Oak, said the company will continue to be bullish on skilled nursing and look for opportunities.
From the November 2019 Issue of McKnight's Long-Term Care News
