Helios Healthcare Advisors helped arrange acquisition financing for the purchase of a 40-bed assisted living community in Bulverde, Texas, on behalf of a Texas-based buyer.
Built in 2016, the community consistently maintained stabilized census and operating margins with a majority private-pay payor mix. The seller, a single-asset owner/operator, exited the industry with the sale.
Helios was engaged by the buyer in late 2022 to source the acquisition target and subsequently procure the financing. Texana Bank emerged with the most competitive offering and provided a term loan to help fund the acquisition. Simultaneous with the closing, the buyer entered a triple-net lease with an operator to manage the community.
