VALDOSTA, Ga., and DURHAM, N.C. — Capital One has provided a $16.3 million loan to PruittHealth. The financing will refinance three skilled nursing facilities and an intermediate care facility for those with disabilities in Valdosta, as well as a skilled nursing facility in Durham.
The communities are Lakehaven, Holly Hill, Crestwood, and Parkwood Development Center in Valdosta and PruittHealth Durham in Durham. Parkwood, which serves people with disabilities, is the only private facility of its kind in Georgia, according to Capital One.
Founded in 1969, Georgia-based PruittHealth operates 90 post-acute, skilled nursing and assisted living locations in the southeastern United States. It also operates an array of supplementary services, including home health care, end-of-life care, rehabilitation, veterans care, and consultative pharmaceutical services.