FAIRFIELD, CONN. — Capital One Financial Corp. (NYSE: COF) has acquired $8.5 billion of healthcare-related loans from GE (NYSE: GE), along with the company’s Healthcare Financial Services (HFS) U.S. lending business, for $9 billion.
Finance
Contemporary Healthcare Capital makes its mark helping small and mid-size healthcare providers
by Jeff Shaw
Since its founding in 2000, Contemporary Healthcare Capital has operated by a guiding philosophy: Every financing scenario requires an in-depth understanding of current trends and industry nuances. That’s why the Chattanooga, Tenn.-based company specializes in providing capital solutions for small and medium-sized healthcare providers in seniors housing.
IRVINE, Calif. — Real estate investment company WNC has closed WNC Institutional Tax Credit Fund X California Series 13 LP, a $75 million institutional low-income housing tax credit (LIHTC) fund. The fund, which includes seven investors, will acquire nine properties in California.
SYRACUSE, N.Y. — Red Capital Partners, the proprietary debt and equity banking arm of lender Red Capital Group, has provided a $36.5 million loan to Investment360 for the acquisition of James Square Health and Rehabilitation Centre, a skilled nursing facility in Syracuse.