Helios Structures Sale & Recapitalization of 217-Unit Assisted Living & Memory Care Portfolio in Wisconsin

Chicago, IL — Helios is pleased to announce its role is structuring the sale and recapitalization of an assisted living and memory care provider (“Company”) in Wisconsin.

Through the Company’s lender, a publicly traded regional with $23B in assets (“Lender”), Helios was brought into the process to advise all stakeholders on a viable path to exit the credit and assets associated with the organization. Helios first divested the non-performing assets to regional operators including behavioral health providers in Wisconsin, then repackaged the remaining performing assets, brought in a new operator, and arranged the debt to recapitalize the portfolio keeping the existing financial partner involved and retiring the operating partner and Lender.

Working closely with the Lender’s special assets team and navigating a great deal of challenges along the way, at the conclusion of the process, Helios had recovered 95% of the outstanding debt associated with the Company.

“This transaction is a testament to the value associated with our integrated advisory model. The ability to run dispositions in conjunction with raising and restructuring capital gives us a unique perspective and superior solutions in special situations.”, said Managing Director, Mario Santiago.