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HACO Health Solutions Receives $14.2 Million Acquisition Loan
HACO was able to acquire a 120-bed skilled nursing facility in the Dallas suburb of Rockwall, with the help of Helios Healthcare Advisors arrangement of the $14.2 million loan.
Besides the high quality reputation of the facility, especially its rehab program, HACO likes the transaction as an investment as well. HACO owner, Gracen Hawley, “Helios acted as champions for us throughout the entire process until closing. It was their guidance that allowed us to purchase the real estate and realize all the equity that our hard work has created as operators.”
The loan was a bridge-HUD structure with a non-recourse product from a national specialty lender.
- ◦Sale/Acquisition
- ◦Financing
