Los Angeles - McKnight's Long Term Care News

Los Angeles

Thorofare Capital arranges $9M loan for CA facilities

Thorofare Capital has arranged a $9 million short-term loan for a Los Angeles-based healthcare operator to refinance two of its LA-based skilled nursing facilities. The financing was used to fund nearly $300,000 in planned capital improvements for both properties and to retire existing senior secured term loans.

Long-term care leaders, investors to gaze into their crystal balls at Los Angeles meetings

A pair of investment and operations forums for long-term care operators and lenders will take place next week at the Hyatt Regency Century Plaza in Los Angeles. “New opportunities, new realities: What’s in your playbook” is the title of the regional investment symposium being hosted Monday and Tuesday by the National Investment Center for the Seniors Housing & Care Industry (NIC). “The future of the skilled nursing sector: Strategies for survival & success in fiscal uncertainty” will piggyback Tuesday through Thursday as an investment forum centered on skilled nursing.

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