GEORGETOWN and PFLUGERVILLE, Texas — Oxford Finance LLC, a specialty finance firm, has closed a senior secured term loan and a revolving line of credit with Chosen Healthcare.
The funds were used to purchase two long-term care facilities in the Austin metropolitan area, Park Place Care Center and Assisted Living in Georgetown and Pflugerville Care Center in Pflugerville.
Park Place is a 116-bed skilled nursing facility and a 48-bed assisted living facility. built in 1997 on nearly seven acres. Pflugerville Care Center is an 111-bed skilled nursing facility built in 1991 on 3.2 acres.