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MARBLE FALLS, Texas — Helios Healthcare Advisors has arranged acquisition financing for an assisted living community located in Marble Falls, roughly 50 miles northwest of Austin.
Marble Falls Assisted Living totals 25 units. According to Helios, the community was underperforming at the time of financing.
An Arkansas-based bank provided the financing. Bill Janis, Justin Valle and Cullen Nguyen of Helios secured and structured the financing, which features a 100 percent loan-to-cost ratio, on behalf of the borrower.
“Financing terms this favorable were available in large part due to the bank’s smaller size and its willingness to support a growing operator with a strong track record,” said Janis in a statement.