FERNANDINA BEACH, HAINES CITY, ORANGE COUNTY AND NORTH PORT, FLA. — Contemporary Healthcare Capital (CHC) has funded a $5 million mezzanine loan for the acquisition of four skilled nursing facilities in Florida. The borrowers were affiliates of Citadel Care Centers and Cascade Capital Group. Totaling 480 licensed beds, the properties are located in Fernandina Beach, Haines City, Orange County and North Port. The CHC loan was made in conjunction with a senior loan and accounts receivable line provided by SunTrust Bank. Proceeds of the loans were used for the …
Florida
FORT MYERS, Fla. — Ziegler has arranged $81.2 million in bond financing for The Christian and Missionary Alliance Foundation, which owns and operates Shell Point Retirement Community, a massive continuing care retirement community (CCRC) in Fort Myers.