Helios Healthcare Advisors arranged a $14.2 million acquisition loan for a 120-bed skilled nursing facility in Rockwall, Texas on behalf of the buyer, HACO Health Solutions. HACO had operated the facility under a lease with a third-party landlord. The property is located in a desirable suburb of Dallas, maintained an excellent clinical reputation, offered a rehab program and reported strong financial performance.
So, HACO wished to acquire the real estate and approached Helios to secure financing for the purchase. Helios ended up arranging a non-recourse bridge loan from a national specialty lender.
