CoastalStates Bank

Contemporary Healthcare Capital’s Latest Mezz Closings

Steve Monroe  Financings  , , ,  Leave a comment

Contemporary Healthcare Capital (CHC) closed two more mezzanine financings, working with bank partners to round out the capital stacks in the two transactions. CHC first returned to Wenatchee, Washington, where it had originally closed a $6.8 million construction loan and a $1.35 million mezzanine loan in December 2014 to fund Regency Pacific Management’s development of […]

Ryders Health Management Secures Financing For Connecticut Acquisition

Ben Swett  Acquisitions, Financings  , , ,  Leave a comment

Ryders Health Management acquired a 90-bed skilled nursing facility in eastern Connecticut, thanks to financing provided by both Contemporary Healthcare Capital and CoastalStates Bank of Hilton Head, South Carolina. Located in the town of Windham, the facility was previously owned by Affinity Healthcare but went into receivership following Affinity’s bankruptcy filing in 2016, its second […]