CASE STUDY PARTNERED RIGHT ® As part of a larger portfolio acquisition, Caraday Healthcare (“Caraday” or the “Borrower”) acquired the fee-simple interests in four skilled nursing communities located in Temple, Texas (the “Portfolio”). Caraday is a newly formed healthcare company whose skilled nursing centers are advancing integrated and coordinated care that delivers superior outcomes, experience and value. Caraday’s executive team is largely comprised of former executives and senior personnel of Harden Healthcare, a Texas-based healthcare services company focused on post-acute services. STRUCTURED RIGHT ® As a newly formed company with plans to grow in the future, Caraday was seeking a high-leverage bridge-to-HUD financing solution. Caraday needed capital that provided time

Join for free to read