Hamlin Capital Advisors, LLC (“HCA”) is pleased to announce the closing of a $30.3 million acquisition bond financing of a bankrupt CCRC, in partnership with Bethel Methodist Home (“Bethel”), headquartered in Westchester, NY. The financing allowed Bethel to preserve the mission of another not-for-profit provider that had been forced to file for bankruptcy protection, and continue to serve their residents.
Advisory Services
“HCA and PHS are pleased to partner on this new and industry-leading financing approach to help fund our strategic growth by providing an efficient underwriting process and minimizing costs of capitalized interest.”
Dan Lindh
CEO, Presbyterian Homes & Services
*Testimonials provided may not be representative of the experience of other clients. Such testimonials are no guarantee of future success or performance.
