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BELCAMP, Md. — Oxford Finance LLC has provided a term loan and revolving line of credit to Sterling Senior Care, a Maryland-based skilled nursing operator.
The funds were used for the acquisition of a 129-bed skilled nursing facility in Belcamp, approximately 25 miles northeast of Baltimore. The amount of the financing was not disclosed.
Sterling Senior Care was founded in 2017 by Jeff Kagan and Nathan Jakobovits. The company currently operates skilled nursing and assisted living facilities in the Mid-Atlantic region.