Helios Healthcare Advisors Arranges Acquisition Loan for Assisted Living Facility Purchase in San Antonio MSA

CHICAGO, IL — Helios Healthcare Advisors (“Helios”) announces its role in arranging the acquisition financing for the purchase of a 40-bed Assisted Living facility located in Bulverde, TX on behalf of a Texas-based sponsor (“Sponsor”). 

Constructed in 2016, the community consistently maintained stabilized census and operating margins with a majority private-pay payor mix. The seller, a single-facility owner/operator exited the industry. 

Helios was engaged by the Sponsor in Q4 2022 to source the acquisition target and subsequently procured the financing. Texana Bank emerged with the most competitive solution and provided a term loan to help capitalize the acquisition. Simultaneous with the closing, the Sponsor entered a triple-net lease with a provider to manage the operations of the community.

“Our team was approached by the Sponsor to source the acquisition knowing our broad market coverage in the state of Texas. Securing a stabilized, yielding asset was key to their investment mandate,” noted Jeff Rhodes, Managing Director. “Once the opportunity was presented, we worked with the Sponsor to structure the purchase and secure the financing; managing the process on behalf of all involved.”