Helios Healthcare Advisors Structures and Arranges Credit Facility for Refinance & New Construction Secured by Portfolio of Nine Assisted Living & Memory Care Communities in New Orleans-Baton Rouge MSA 

CHICAGO, IL – Helios is pleased to announce its role in structuring and arranging a credit facility used to refinance and consolidate existing senior debt and provide construction financing for new development (the “Facility”). The Facility was secured by a portfolio of assisted living and memory care communities across nine locations in Louisiana.

Engaged as financial advisor to a New Orleans-based regional owner/operator (the “Borrower”), Helios was tasked with consolidating the Borrower’s existing debt and capitalizing a stabilized, under-levered portfolio to support the development of three new communities in the New Orleans and Baton Rouge markets.

The Facility was structured with a publicly traded regional lender as a 70% loan-to-value refinance secured by nine existing assisted living and memory care communities across the greater New Orleans and Baton Rouge MSAs. Proceeds were used to retire four existing first mortgages and to fund a 100% loan-to-cost construction line of credit for the Borrower’s near-term development pipeline. 

Despite continued volatility in the capital markets, the transaction closed on April 9th, 2025, with an interest rate below 6.50%.