53
ELKHART, Kan. — Contemporary Healthcare Capital LLC has provided a $1.5 million senior mortgage loan to a Colorado-based operator for the acquisition of a 103-bed skilled nursing facility and assisted living facility in Elkhart, a small town near the Oklahoma and Colorado borders.
The loan was used for the acquisition, capital expenditures, working capital and closing costs.
Contemporary is a lender based in Chattanooga, Tenn.