Helios Structures Sale & Acquisition Financing of Assisted Living & Memory Care Community in Alabama

CHICAGO, IL – Helios is pleased to announce its role in structuring the sale and acquisition financing of an assisted living and memory care community (the “Community”) in Alabama.

Helios was engaged by a Mississippi-based regional owner/operator, Veritas InCare, to run a sales process intended to ensure a timely exit from the industry. Following a competitive process, a local owner/operator (the “Buyer”) was selected and the buyer and took over operations June 1, 2024.

Despite the Community’s strong performance, dislocation in the debt markets and low liquidity impacted the Buyer’s ability to use their existing lending relationships to fund the purchase. Helios stepped in to assist the Buyer and structured a financing package with a regional lender that recapitalized the Buyer’s existing community to unlock equity, while simultaneously providing the acquisition financing for the target.

The result procured a win-win for all parties in which Helios secured maximum proceeds for the seller and ensured execution probability through structuring and arranging the financing for the buyer.