The financing measure was arranged by KeyBank’s Healthcare Mortgage Group representatives Paul di Vito and John Randolph. The two secured the measure through FHA’s 232/223f mortgage insurance program.
Formation Capital and Safanad Limited have acquired fourteen nursing facilities in the mid-Atlantic region for approximately $150 million. The portfolio is comprised of 1,658 beds with eleven ...
ATLANTA and NEW YORK, Aug. 5, 2019 /PRNewswire/ — Formation Capital (“Formation”) and Safanad Limited (“Safanad”) announce the sale of the parent company of RHA Health Services, LLC (“RHA”), the ...
Formation Capital and investment firm Safanad Ltd. have acquired nine assisted living facilities in South Carolina for $128.6 million from Agapé Senior, a provider of health services for senior adults ...
RHA Health Services has been sold by Formation Capital and Safanad Limited to an affiliate of Blue Wolf Capital. Moelis & Company served as lead financial advisor and Cain Brothers, a division of ...