CHICAGO, IL – Helios is pleased to announce its role in capitalizing a portfolio acquisition for Mission Point Management Services (the “Company”), a Detroit-based skilled nursing & assisted living provider.
Comprising two separate transactions totaling 354-Beds across four facilities throughout the state of Michigan, Helios advised the Company first in arranging a $7,000,000 senior credit facility to acquire a 90-bed skilled nursing and assisted living facility in Jackson, MI. In the second transaction, Helios arranged an equity partner for the Company to take over a portfolio of three skilled nursing facilities in Detroit. In the same transaction, Helios assisted in arranging the senior credit facility for the acquisition and redevelopment of the Detroit facilities.
The total capitalization for both transactions was $21,100,000.
Contact Advisors
Mario Santiago
Managing Director
msantiago@helioshca.com
D: 312-492-4248
C: 312-402-5686
Bill Janis
Managing Director
bjanis@helioshca.com
D: 312-492-4676
C: 312-493-9301
ABOUT HELIOS HEALTHCARE ADVISORS, LLC : Helios is an independent corporate advisory firm that provides strategic and financial advice to middle-market participants in the healthcare sector. Headquartered in Chicago, the firm serves individuals, private enterprises, corporations and financial institutions nationally.
