Helios Healthcare Advisors Structures $12MM Refinance of 300-bed Skilled Nursing & Assisted Living Portfolio in San Francisco MSA

CHICAGO, IL — Helios Healthcare Advisors (“Helios”) announces its role in structuring the recapitalization of a 300-bed Assisted Living and Skilled Nursing portfolio located in the San Francisco MSA.

Facing a pending maturity with their existing lender, the borrower engaged Helios to structure a refinance across two owned/operated assisted living communities and one skilled nursing property that was subject to a triple-net lease with a large public health district. All assets were geographically clustered and located in a very high-income markets in the San Francisco MSA.

Running an extensive search, Helios secured a financing solution through a family office that sponsored a commercial real estate debt-fund. The total loan amount was $12MM and closing occurred within 30 days of term sheet execution. Along with retiring all senior debt, cash proceeds were also funded to support operations and general corporate purposes.

“With a pending maturity on our current mortgage, we knew this was a time-sensitive issue, and certainty of closing was paramount. Through this refinance, Helios not only secured funding that provided us with a runway to continue stabilizing operations but also gave us additional operating capital to invest into the communities. Helios understood our priorities, anticipated potential challenges, and set clear expectations about market terms. The team was highly responsive, making sure we were kept in the loop and well-prepared throughout each stage of the transaction,” said Stephen Zimmerman, Chief Operating Officer, AEC Living.