Helios Healthcare Advisors structured and arranged a credit facility used to refinance and consolidate existing senior debt as well as to provide construction financing for a new development. The facility was secured by a portfolio of nine assisted living and memory care communities in Louisiana.
A New Orleans-based regional owner/operator engaged Helios as its financial advisor to consolidate its existing debt and capitalize a stabilized, under-levered portfolio to support the development of three new communities in the New Orleans and Baton Rouge markets. The facility was structured with a publicly traded regional lender as a 70% loan-to-value refinance secured by the nine existing communities. Proceeds were used to retire four existing first mortgages and to fund a 100% loan-to-cost construction line of credit for the borrower’s near-term development pipeline. Despite continued volatility in the capital markets, the transaction closed on April 9, 2025, with an interest rate below 6.50%.
