ALEXANDRIA, Va. — Oxford Finance LLC, an Alexandria-based finance firm, closed over $347 million in financing transactions through its healthcare real estate group during the second and third quarters of 2022.
Oxford provided a $26.2 million term loan and $3 million revolving line of credit to finance the acquisition of three skilled nursing facilities containing 391 beds in Texas for a Texas-based operator.
Oxford supplied a $9 million revolving line of credit to finance working capital needs for seven skilled nursing facilities for an expanding California-based operator.
Oxford provided a $52 million term loan in support of a sale-leaseback for 16 skilled nursing facilities containing 910 beds primarily located in Kansas for an experienced real estate investor.
Oxford provided an $87.5 million term loan to support the acquisition of nine skilled nursing facilities consisting of 1,059 licensed beds in Texas for an experienced healthcare real estate investor.
Oxford’s largest deal of the period included a $124.8 million term loan to finance the acquisition of four skilled nursing facilities consisting of 520 beds for a large operator.
Oxford provided a $36.8 million term loan and $8 million revolving line of credit to finance the acquisition of one skilled nursing facility in Florida for an experienced East Coast-based operator.