343
WISCONSIN — Helios has structured the sale and recapitalization of an assisted living and memory care provider in Wisconsin.
A publicly traded regional lender provided the funds.
Helios arranged the sale of non-performing assets assets in the portfolio to regional operators, including behavioral health providers in Wisconsin. The broker then repackaged the remaining performing assets, brought in a new operator, and arranged the debt to recapitalize the portfolio keeping the existing financial partner involved and retiring the operating partner and lender.