Teaming up with two banks, Lancaster Pollard recently closed a $72 million recapitalization for a portfolio of six skilled nursing facilities in Texas and Oklahoma. The owner of the facilities is a regional provider based in Texas, which will be able to refinance its existing indebtedness, complete the buy-out of a partner and fund future growth initiatives with this transaction. Kyle Hemminger, Chris Mauger and Patrick Hackett led the way for Lancaster Pollard on the financing.
