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$40M Refinancing of Existing New York Skilled Nursing Facility and Cross Collateralization of a Newly Purchased Hospital

October 01, 2018

Lawyers

Scott Gerard Headshot
Scott M. Gerard

Partner

203.324.8195

sgerard@goodwin.com
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$40 million refinancing of existing 400-bed skilled nursing facility in New York together with cross collateralization of a newly purchased hospital to be converted to a skilled nursing facility, which included HIV beds. As a New York financing, this included mortgage assignments by prior lender and consolidation (CEMA) with gap note by new lender.

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