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EL PASO, Texas — Ziegler has arranged $13.6 million in financing for an affiliate of Altitude Health Services.
The loan will refinance debt on Mountain View Health and Rehabilitation, a 187-bed skilled nursing facility in El Paso.
Altitude acquired the community in 2016 using bank financing. The HUD 232/223(f) refinance allowed Altitude to lock in fixed-interest, non-recourse debt for 35 years.