MidCap Financial Provides $20.6M Recapitalization of Vineyard Bluffton in South Carolina

BLUFFTON, S.C. — MidCap Financial has provided a $20.6 million financing to recapitalize Vineyard Bluffton, a 96-unit assisted living and memory care community in Bluffton, just inland from Hilton Head Island.

The borrower is Valeo Groupe Americas, which recently built the community.

This is Valeo Groupe’s first transaction with MidCap Financial. The transaction was arranged through Peter Martz and Noam Kaminetzky of Meridian Capital Group.