Not-For-Profit ALF Development
CCA recently completed a project development and financing transaction for a community not-for-profit skilled nursing and assisted living provider located in the Seacoast market of New Hampshire. The transaction involved securing $16MM in development financing from a commercial healthcare lender.
The project contemplates an expansion of existing operations to accommodate 52 added units of assisted living and memory care programming for the provider. Serving as business and financial advisors, CCA provided full scope services to originate, plan and close the project transaction. The strategic business plan ideally leverages existing operations while revitalizing and expanding existing asset interests to strengthen and broaden continuing operations.