Contemporary Healthcare Capital and Community & Southern Bank Form Alliance

by Jeff Shaw

CHATTANOOGA, Tenn. — Chattanooga-based healthcare finance company Contemporary Healthcare Capital and Atlanta-based lender Community & Southern Bank (CSB) have formed a strategic alliance to offer a wider variety of financing options for construction, acquisition and refinances in the seniors housing industry.

By sharing a coordinated process for underwriting, third-party reports, and legal documentation, the alliance hopes to increase efficiency with both companies

Industry veteran Steve McGee will lead the new alliance and will transition to Contemporary as director of originations for the new platform. McGee was an original co-founder of Contemporary’s predecessor company, Ziegler Healthcare Capital, in 2000 along with existing executive managers Byron DeFoor and John O’Brien.

Craig Taylor will also join Contemporary as director of operations. Taylor has 30 years of healthcare finance experience.

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