Contemporary Healthcare Capital Provides $1.5M Acquisition Loan for Community in Kansas

by Jeff Shaw

ELKHART, Kan. — Contemporary Healthcare Capital LLC has provided a $1.5 million senior mortgage loan to a Colorado-based operator for the acquisition of a 103-bed skilled nursing facility and assisted living facility in Elkhart, a small town near the Oklahoma and Colorado borders. 

The loan was used for the acquisition, capital expenditures, working capital and closing costs.

Contemporary is a lender based in Chattanooga, Tenn. 

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